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How Much is Dental Insurance?

When choosing your dental insurance plan, the first thing you’re likely to consider is how much it costs. After all, maintaining your teeth can be expensive, and the whole point of dental insurance is to save money. In general, there’s no exact price when it comes to dental insurance, due to how many variables there are to consider. However, by looking at the averages and estimates of dental insurance costs, you can work out how much you ought to be paying for your dental insurance. We’ll look at averages and estimates from some of the leading providers of dental insurance, helping you to work out whether a dental plan is the right choice for you, and at what price.  

Premiums

Premiums are the amount that you pay every month towards your insurance. Obviously, they can vary considerably depending upon which plan you pick, with more comprehensive options costing more. How much can you expect to pay every month? Per data from Anthem Blue Cross, Cigna, and UnitedHealthcare, you’ll pay anywhere between $17 and $75 per month. The greater the depth of coverage, the greater your monthly premiums will be. Of course, they’re also affected by which type of dental insurance you have. According to the NADP:

  • The average cost of a DHMO is $18.59 a month, or $223.06 annually.
  • The average cost of a PPO is $32.12 a month, or $285.44 annually.
  • The average cost of an Indemnity plan is $24.00 a month, or $288.00 annually.

Deductibles

Deductibles (for PPO plans) are the amount of money that you must pay before your dental insurance kicks in. If the amount you need to pay is less than the monthly premium, you’ll have to pay for the entire treatment yourself. For example, if you have a monthly premium of $50, but the cost of a procedure is $40, you’ll have to pay the entire $40 yourself. So, how much should you expect to pay in deductibles? Per data from Anthem Blue Cross, Cigna, and United Healthcare, an annual deductible will cost around $50.

Annual maximums

Most dental plans have an annual maximum. This is the maximum amount of money that the plan will pay towards your dental costs in a year. Once you reach the maximum, you’ll have to pay the rest of your dental costs out-of-pocket, without further help from your insurance provider. The more you pay for your plan, the higher your annual maximum. Per data from Anthem Blue Cross, Cigna, and United Healthcare, you can expect annual maximums between $500 and $1,500.

Co-payment

After the deductible kicks in, you’ll pay what’s called a co-payment, which is your share of the cost. Depending on what the procedure is, you can pay anything from 0% of the bill to 50% of the bill. So, how much will individual procedures end up costing you?

  • Virtually all preventative and diagnostic treatments are 100% covered by dental insurance plans, meaning that you’ll pay $0 towards them. These treatments include cleanings (although there’s usually a cap on how many you can have in one year), x-rays and routine exams.
  • 80% of the cost of basic procedures tend to be covered by dental insurance plans, so you’ll generally pay between 20% and 30% of the fee, after the deductible.
  • Around 50% of the cost of major procedures are covered by dental insurance.

Remember, you need to stay in-network to enjoy the benefits of dental insurance. You’ll still receive coverage if you go to a dentist who isn’t in the network, however, the savings won’t be nearly as much, and you’ll end up paying much higher fees.

Conclusion

So, how much is dental insurance? As we’ve seen, it can vary considerably from plan to plan. If you want comprehensive coverage, you’re probably going to have to pay slightly more. However, for the added peace of mind and flexibility of your plan, it’s probably worth doing so.

Want to find the perfect dentist for your insurance plan? Call 1-800-DENTIST today and book your next appointment!