Flexible Spending Accounts (HSA or FSA). A flexible spending account is offered to employees so they can set aside a portion of their earnings to pay for qualified medical or dental expenses. Money deducted from your pay for an FSA is not subject to payroll taxes, resulting in substantial savings. According to the official FSA site for US Federal employees, an FSA can save you from 20% to over 40% on out-of-pocket dental costs, with the average person saving about 30%. That’s because the FSA reduces how much you have to pay in taxes (so, more money for you and less for Uncle Sam). Here’s an example:
VIP discount. Did you know if you refer 3 people to our office, you become VIP? This entitles you to 15% off your out of pocket costs, and other perks as well! To find out more, visit www.iwanttobevip.com.
Prepay discount. We offer a 10% prepayment discount if you pay for your visit in full with check, cash, or credit card up to 1 week in advance of your appointment. If you’d prefer to prepay just your estimated copayment portion in advance of your appointment, you’ll receive a 5% prepayment discount.
Interest-free financing. You can finance any treatment of $500 or more with 0% interest (pending credit approval). If your credit’s not so hot, a family member can cosign for you to help you spread the payments out so they fit comfortably within your monthlybudget. We offer 6, 12, 18, and 24 month interest-free plans through Care Credit and the Lending Club. We can do an instant application and approval in the office for you, or you can do it yourself online at www.carecredit.com or www.lendingclub.com.
Utilizing 2 years of Insurance Benefits. If you have a large treatment plan that’s going to take more than 1 visit, you may be able to utilize both this year and next year’s insurance benefits to minimize your out-of-pocket expense. Ask one of our treatment coordinators if it’s possible to split your treatment visits between 2015 and early 2016 so you can take advantage of both years’ annual maximum allowances.
Switching to a better insurance plan. You and your coworkers may be able to ask for better coverage from your employer by increasing your plan’s maximums, or types of allowed services. Ask one of our insurance coordinators to tell it to you straight: do you have crummy dental coverage? They can advise you on your plan’s limitations, and tell you what to look for if you are shopping for a new plan, to help you save the most on your care.
Just Ask! We want to make things as easy for you as possible, and that includes working within your budget. Once you know what treatment you need, ask us how we can help you make it work financially. Don’t be afraid to get creative!