To understand if senior dental insurance is worth the cost you’ll have to weigh a few factors. Even though senior dental insurance monthly premiums are generally inexpensive the question of cost versus actual coverage comes up. Here is some help to figure it out.
Senior Dental Costs
First let us explain how senior dental insurance costs are broken down: monthly premiums, deductibles, copays, coinsurance, and the limit of what your insurance pays. Premiums can range from as low as $9 a month to as high as $75 a month. Whereas a provider may limit their coverage as low as $500 annually. Some plans are broken down to the 100-80-50 model. This means 100% of your preventive, 80% of non-complicated procedures, and 50% of complicated procedures. Of course this is not how all plans offer coverage, with some offering less and some offering more.
It’s important to remember that Medicare doesn’t cover dental, except in rare emergencies.
Senior Dental Plans Worth the Cost?
This really depends on you. Many times the senior dental premiums could exceed your routine dental preventive care such as cleanings and appointments, and some plans have waiting periods for preexisting conditions. In this case it may not be worth it, but if you find a plan that meets your monthly budget and offers needed coverage for you, then senior dental insurance may be the right choice for you.