Every year around this time, people begin to think about what to cook for the holidays, who they need to buy presents for, etc. The holidays aren’t the only thing on people’s minds, however, as health insurance, deductibles, HSA’s, and more force their way in as well.
If you have ever wondered what the difference between a HSA and a FSA is, then you know what we are talking about. If you still aren’t sure if your dental insurance covers braces and/or Invisalign, you understand too. We get so many calls coming into our office with questions about dental insurance that we’ve decided to answer all your questions in one spot!
Many adult patients assume that insurance and health savings plans will not cover clear braces or Invisalign treatment. But this is not true; many insurance plans will provide a 50 percent reimbursement for most orthodontic treatments, even if they are purely cosmetic.
Most orthodontic offices will file necessary claims and provide tips on maximizing insurance benefits.
If you have a pre-tax savings plan like a Health Savings Account (HSA) or Flexible Spending Account (FSA) you may want to apply the funds in these accounts for clear braces or aligners. For most FSA’s, you must use the money in the account by the end of the year, or lose the funds indefinitely.
Also, if your employer offers an FSA option that you are not taking advantage of, now is the time to sign up so that you can purchase clear braces or Invisalign with pre-tax dollars in January.
That about covers it! If you have any other questions on the subject, let us know in the comments!
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