This question arises because the two are often confused with each other. They’re on opposite ends of the spectrum. There’s no universal “right” answer here because dental insurance and dental discount plans appeal to different people.
For someone looking into one of these plans, he or she has to look at the pros and cons of each, and then decide what’s more compelling.
They function in fundamentally different ways – dental insurance truly operates as an insurance plan. It has deductibles, premiums, coinsurance, and a coverage maximum.
Dental discount plans are like coupons with monthly or annual fees. They lack the defining qualities of an insurance policy, like deductibles and coinsurance.
There is typically a 6-12 month waiting period before your dental coverage begins. There is a deductible you must meet before your insurance begins to pay for at least part of your procedures. You also pay monthly premiums.
Monthly premiums tend to be $50. The coverage maximum is anywhere between $1000 to $2000, depending on the insurer.
Pros:
Cons:
The majority of dental discount plans have no waiting period, so you’re immediately able to get dental treatment at a reduced cost. Membership costs are different depending on the one you get. One might require a $10 monthly payment. Some may just have an annual fee, hovering around $130 depending on the plan
Pros:
Cons:
That’s right, they’re both better. But the real answer depends on who’s reading this. Your needs are unique to you, and what the better choice is for you is different from what the better choice is for someone else.
And like the plan catering to your best interests, Trusted Senior Specialists is in your favor, too. What’s even better is that we reduce hours of research into a short consultation. We didn’t get awarded an A+ rating from the Better Business Bureau by being mediocre.
We offer the cure to your fears and concerns about dental insurance. Now that you have the knowledge of what works, you’re ready to choose the plan for your needs. Call (855) 952-1941 or schedule a free video chat consultation with us!