Dental insurance or Dental plans for seniors is the choice that will face many elder members of society as they continue to try and ensure that any more complex dental treatment they may have doesn’t result in a large hole in their pocket. To make an informed decision you will first need to understand the difference between dental insurance and dental plans.
The Difference between Dental Insurance and Dental Plans For Seniors
Both options provide the opportunity to protect you from the potentially high cost of dental treatment, and mistakenly people think that each means the same, however, there is a difference, but what exactly is it?
Dental insurance for seniors works in exactly the same way as other insurances. You pay a premium for a set period of time and during that period the cost for certain dental treatments will be covered either in part or full by the insurance company. Whereas a dental plan for seniors differs in that you are entitled to a discount with each visit you make to the dentist. Dental plans will require you to visit certain dentists who will honour the discounts the plan provides. However what the plan does require is full payment of the discounted price at the time of treatment
Other than the overall aspects, the two do differ in a few other ways, the first of which is the application procedure. Usually dental insurance will require the filling in of a number of forms whereas the dental plan will often be a straightforward upfront payment of an application fee and membership can be begin almost at once.
The actual claims process of the two differs greatly. The plan is simply a discount given at the end of the visit for the treatment undertaken, whereas the insurance policy will require adhering to a claims procedure laid out in the policy, which will probably include the completion of a number of forms by yourself and the dental professional who carried out the treatment. This whole process can take a number of days against the immediate benefit seen with the plan
The choice between dental insurance for seniors and dental plans for seniors is a difficult one. The dental insurance will probably cost more in the long run and does tend to require a waiting period and has limits of coverage, however it does offer a wider range of benefits and coverage compared with a dental plan. Plans are more convenient and considerably less hassle, however you are tied to certain dentists and it’s only a discount you are getting and not the treatment, in some cases, paid for in full. The overall decision between dental insurance or plans for seniors is a personnel one and all these factors should be taken into account to ensure the correct decision is made.