When it comes to your dental insurance, do you ever wonder what determines your monthly payments?
There are several factors that can contribute to your premium costs. See which ones apply to you:
1. Your type.
We’re not referring to your blood type or dating preferences; we’re talking about plan type!
When it comes to coverage, different dental plans are designed to meet different needs. A basic plan that covers preventive and minor treatments will cost less than a plan that offers coverage for more extensive care. Learn about our different plan offerings here.
2. Your job.
If you’re part of a group plan, the size and age demographics of your company could influence your monthly costs. However, your employer ultimately determines your coverage specifics. Speak with your HR department about any concerns you have with what your plan does or doesn’t cover.
3. Your location, location, location.
When it comes to a geographical area, insurance providers consider competing companies, local regulation and cost of living. And this could create a difference in price in certain areas. The cost of dental procedures also varies and insurance companies have to compensate dental practitioners accordingly, which drives rates up or down.
If you have an individual or family plan, where you live can impact how much you pay for dental insurance. If you have a group plan, your plan pricing may be determined by the location of your company’s headquarters.
Remember, there are ways to maximize your coverage to help you save the most money. Make sure to always prioritize your preventive care, see an in-network dentist, and actually use your benefits!