One important aspect of dental insurance that has continued to grow in popularity in recent years is Flexible Spending Accounts. This is a type of account that can be set up by an individual and is related to dental care through an employer. When open enrollment is available, an individual can choose how much money they wish to put into their account. The good news is that a portion of the money put into a flexible spending account from each paycheck is in pretax dollars.
Dental Health Related Issues
A flexible spending account will generally cover services or products that can help you to maintain good dental health throughout the year. This can include everything from cleanings to braces as well as a wide range of other dental health related issues. Keep in mind that a flexible spending account works in many ways like a debit card. Patients are able to use this card to pay for dental expenses as well as a wide range of other medical related expenses. Even products purchased from a drugstore in the furtherance of dental health can be covered in the same way.
More Time To Spend The Money
When it comes to end-of-the-year considerations and dental insurance, the money within a Flexible Spending Account must be used by December 31st. That said employers are often able to offer individuals other options that allows them more time to spend the money in their account. For example, some may provide a grace period of up to a few extra months to use the funds. In other cases, a plan may allow an individual to carry over as much as $500 per year to use in the next year for dental health related care. With so much to offer it is clear to see why Flexible Spending Accounts are so popular today. Contact your dentist in Walnut Creek, Dr. Darvishzadeh at Walnut Creek Dental today to learn more about dental Flexible Spending Accounts.