Supplementary dental insurance simply means that your dental insurance is provided to you directly by a supplemental dental insurance company. This article on supplementary dental insurance covers the following aspects:
- Know more details on supplementary dental insurance
- What are voluntary plans?
- Is supplemental dental insurance helpful for self employed workers?
If you worry about your dental care costs, even though you have some insurance, supplemental dental insurance may be perfect for you. Dental supplemental insurance can help ensure that you get the coverage you need for your needs without spending a lot of money. Many patients also prefer this type of dental coverage as it gives them more control over their dental care at an affordable price. If you have been fretting about your dental costs, then this type of insurance is certainly something you will want to investigate.
What does supplementary insurance mean?
Supplementary dental insurance simply means that your dental insurance is provided to you directly by a supplemental dental insurance company. Rather than being part of a group plan run by your employer or by your state, you get your insurance directly from an insurance provider. This means that you must find, research, and sign up for this type of insurance. It will not be granted to you simply because you work someplace or reside in a specific area.
Sometimes, supplementary insurance is also used to describe an additional or voluntary type of dental coverage. This coverage may be provided by employers, but employees can choose not to take part in the dental plan.
What is supplementary dental insurance?
This type of dental insurance really has grown from a changing workplace. In the past, many long-time employers offered generous insurance options to employees as part of a group plan. That meant that every employee was insured with the same insurance provider, ensuring good coverage and low costs.
Today, the workplace – and as a result, dental coverage – is very different. Many employees do not stay with their employers for their working lives any more, so that there is less of a close bond between employers and employees. The costs of insurance have also dramatically increased over the past ten years or so, making dental coverage far less affordable for employers. Some employers have responded by reducing their insurance plans or cutting out dental coverage entirely. Others have created informal dental coverage schemes which allow them to pay for employees’ incidental medical and dental costs out of the company profits.
For many employees, the lack of dental coverage creates a real problem as it ensures that they need to pay more in order to take care of their teeth and gums. Additionally, many employees now work part-time or in temporary or freelance positions which offer few benefits. In these cases, of course, workers need to find their own benefits, often by paying for them through a supplemental or voluntary dental plan.
Some employers offer supplemental dental plans that they call “voluntary plans.” This type of plan is opt-in or opt-out, meaning that employers can choose to accept the plan – which offers very basic dental coverage, in most cases – or can seek their own supplemental dental coverage directly from supplemental dental insurance companies. Some employers even make contributions to the premiums of supplemental dental plans that their employees are registered with. If your employer offers such a perk, this can be a great way to get affordable dental insurance.