Dental insurance coverage can be incredibly beneficial for individuals and families, especially since oral health care is not included in the Canada Health Act (CHA). However, despite having coverage, many people in Edmonton lose a lot of their benefits, by merely under-utilizing their dental coverage.
Every year on January 1st, your dental insurance coverage resets all your benefit. This means that unused coverage from the previous year is lost. The news, however, is that you still have time to take full advantage of your coverage. Although you may not have any pressing concerns at the moment, it’s essential to understand that your coverage will not rollover. For example, if your insurance provider has allocated $1,500 for your annual maximum benefit, using only $500 does not mean that you will receive an insurance benefit of $2,500 in the new year.
Save More Money
As your dental insurance allocates a specific amount of money every year, you can get started with any procedure you may need, before the new year. For example, if a procedure would require 2-3 visits to the dentist, depending on the coverage remaining for the current year, you can schedule to spread across the two calendar years. This would mean that you can book the first and second visit in the current year, and the third visit in the new year. Also, if you have met your deductible for the year, any dental work required by the time the end of the year approaches, you may not have to pay a deductible for your visit. This way, you split the coverage between the two years and save on the deductible, if it included in your plan, helping you save more money.
Delaying Treatment Can Lead to a Worse Outcome
If you require dental treatment, such as fixing a chipped tooth or a dental crown, postponing the procedure can increase the risk of a worsened condition, pain, and health problems. It would be an optimal time, not only for insurance purposes but also to avoid any further issues which can result in a pricier procedure and more pain.
Take Advantage of The Current Prices
Fees and pricing in the healthcare system and insurance coverage can always fluctuate. As it is difficult to predict if prices will increase, and by how much, so it is always recommended to use your remaining coverage now.
As any unused dental insurance coverage will be lost in the new year, it would be beneficial to take advantage while you still have time. Book your appointment today to maximize your benefits with North Edge Dental in Edmonton. Our office offers direct billing and follow the current Alberta Dental Fee Guide.