Who Wouldn't Want a Nice Dental Plan?
Well, maybe it depends on who is paying for it. Maybe you assume that if you don't have access to an employer-paid dental plan, there is no way you could afford it.
Those who do not have dental insurance through their employer have historically only had access to plans that were fairly expensive and required lengthy waiting periods. But those days are over. HPM Insurance now offers a brand new plan offered by Northeast Delta Dental that is better than anything that has been available in the past.
There have always been valid objectives to buying dental coverage. Perhaps the maximum annual benefit of $2000 (or often less) means that even the largest claim would not be a financial catastrophe in the absence of dental insurance. However for many families or people in need of a great deal of dental work, it may be worth the cost.
Example of When Buying an Individual or Family Dental Insurance Policy Is Worth it!
Looking at a family of four, the most expensive and comprehensive Northeast Delta Dental plan available would be approximately $171 a month. This means that you would spend $2055 a year. Let's assume that this family would each get a check-up, x-rays and two cleanings a year. This would cost approximately $350 - $400 per person (without the insurance company's pricing). This basic expense alone would run your family between $1400 and $1600 per year without any fillings, root canals, gum work or crowns.
The typical family would have to pay this out-of-pocket, but with the Northeast Delta Dental "premium plus" plan; those services would be covered 100% at no cost to the family. These "preventive and diagnostic" services do not count toward the annual maximum and the deductible does not apply.
The punch line here is that if you would have spent 2/3 to 3/4 of the premium without the insurance, then the true cost of the coverage for restorative or major work is very reasonable and might be worth it.
Payments for restorative work (like fillings, etc.) is typically covered at 70% and major work (like crowns, etc.) is typically covered at 40%. All charges are discounted to a special agreed upon rate by the dentist and the insurance company. If you compare these benefits to not have any coverage, the difference can be substantial.
Example of Why Buying an Individual or Family Dental Insurance Policy Is NOT Worth It!
You may not want to buy an individual dental insurance policy if your dental health is excellent or sure you will not need dental work beyond the usual cleanings and checkups.
Where to Get Advice and a Quote:
As not everyone's situation fits neatly into a box, we invite you to read more about this issue on the Dental Insurance page of the HPM Insurance web site, or reach out to our NH dental insurance expert Dave Trudo.
If you would like to get an idea of the coverage and cost at your convenience, please visit the Northeast Delta Dental web site.