There’s a whole world unknown to the consumer in the insurance world and the more I discover about it, the more excited I get to share it with you!
So we all know what insurance is…right? It’s simple, the first thing we must understand is that Insurance is a business not a charity and their main target is “bottom line” (revenue). If that’s the case than everything in an insurance company (auto, home, life, dental, health) is to help that revenue come in. There’s nothing evil about that, it’s business, and that’s OK!
Is more insurance good? Not necessarily. Here’s the thing, you must understand that the best thing for you is the best thing for you. Let me explain.
If I have a plan that only allows me to have 1 cleaning a year and I need TWO, that’s not the plan for me!
So, find out more about your oral health with your dentist and find the right plan accordingly. You don’t have to be a Dr. to know basics and what the best plan for you may be.
Numbers Never Lie
One of the best ways to know what plan works for you is by doing math! Seriously!
I know, I know, there’s enough math in the calories you’re counting or the amount of seasons left in your favorite show, but trust me, this is has a much better return for you and your wallet.
The math you always want to do is: What you use (divided by) how much you invest in your insurance. ie. 2 cleanings a year/$325=$162.50 per cleaning. See how it may not even make sense to do insurance. For other things it may but most of the time a discount plan is so much cheaper.
Discount Plan (Math)
Let’s do another simple example: If Johnny has 2 mouthwash bottles….just kidding. A basic exam with x-rays is $50¹ X 2 cleanings a year=$100. Yup, that’s it.
Now that we know what and insurance company works for, what about you? Well, like I said, there’s nothing bad about focusing on bottom line, but as a consumer you must also look at ALL of your options.
A dental discount plan is meant to help you save money and pretty much compete with Insurance but if you save more money, go for it! Saving money is never a bad thing, and the better at basic math you get the more you’ll love Direct Access! (Mathematicians are our main target…no they’re not, but they should be!)