What Payment Options Are Available for Expensive Dental Procedures?
Some insured patients may need dental work that their insurance provider does not cover. Understanding how to pay for dental procedures is crucial to receiving the care you need.
Four Ways to Finance the Costs of Dental Work
We understand that paying for cosmetic dental care or emergency services can be costly. At 209 NYC Dental, our team wants to provide you with information about the most common methods of financing dental procedures. Ensuring you have access to the care you need — and that you understand how to pay for it — is part of our commitment to our patients.
Most patients pay for their dental work through one of these four options.
If you have dental insurance, contact your provider before scheduling major dental procedures. Even if a dentist takes your insurance or is in-network, insurance may not cover your costs. In fact, many insurance providers only pay for dental care they deem medically necessary. What qualifies as medically necessary depends on your provider and potential health benefits and risks.
We accept insurance from most major preferred provider organizations (PPOs).
2. Payment Plans
Many dental practices offer payment plans to help you pay for cosmetic dental care. Some offices handle their plans in-house while others use third-party services. When using a payment plan, it’s important to consider what procedures your plan covers and if the plan includes additional fees or interest.
209 NYC Dental offers interest-free plans for patients undergoing extensive treatments.
3. Health Savings Accounts
Investing part of your income into a health savings account (HSA) has several benefits. First, the money qualifies as untaxable income. Patients with high-deductible health insurance plans (HDHPs) can put money in an HSA to use for health care expenses. Some uses for those funds include copayments, deductibles and other costs your insurance does not cover. Whether you can use your HSA for dental work, especially cosmetic dental care, depends on your account.
If an HDHP is your only medical plan, you can get an HSA through your employer or a private entity. Flexible spending arrangements (FSAs) have similar tax benefits, but you must access them through your employer. FSAs are pre-funded with the amount you will pay into it throughout the year. You cannot transfer your FSA funds from one year to the next without special permission.
At 209 NYC Dental, you can use approved funds from your FSA for dental procedures.
4. Dental Loans
You can pay for cosmetic dental care by applying for personal unsecured loans. Under some companies, dental financing can have higher long-term costs than other payment methods. However, these loans can also be a better option than using your personal credit card. Lenders like CareCredit offer specialized loans for dental work, often at a lower interest rate than your credit card company.
209 NYC Dental accepts dental financing through CareCredit.