FSA: It Helps Your Pocketbook and Your TeethDental Insurance & Dental Coverage
A Flexible Spending Account (FSA) is offered by some employers. If your employer offers an FSA and you choose to participate, then a portion of your check is deducted to help pay for medical costs. Only certain types of medical expenses are covered by your FSA. The money deducted from your check is pre-tax, meaning it is deducted before taxes are deducted. While there are advantages to utilizing your FSA, there are also drawbacks. One advantage is that it is available to help cover unexpected medical expenses or emergency expenses. The biggest drawback of your FSA is the simple fact that if the money is not used by the end of the plan year, the money is simply lost.
The entire amount of money you decide to allot to your FSA account, at the beginning of the plan year, is available to you once the first payment of the year has been made. This means if you elect to deduct $100 from each monthly check, the entire $1200 is available once the first $100 payment has been deducted. Once all the money in your account is used, the monthly allotment will continue to be deducted from your check. There are a few ways for you to get reimbursed for eligible medical expenses or payment on those expenses. Documentation can be mailed in, forms can be filled out online or a debit card can be issued with the entire amount of your yearly contributions.
While many people associate FSA accounts with medical expenses, few people associate FSA accounts with dental expenses or dental care. There are ways that your FSA can help with unexpected dental care visits and routine dental care. Utilizing your FSA for dental care can help with those unexpected emergency situations when immediate care is needed or situations that can’t wait as well as routine visits to ensure that everything in your mouth is fine and there are no worries.
FSA accounts can help with routine dental care visits for you and your family. Routine visits keep your teeth and gums healthy. X-rays help with early detection of possible problems for younger patients. They can be compared from each visit to determine if orthodontic care is necessary. Routine visits are also a chance for the dentist to clean your teeth and gums. Dental Cleanings, Dental sealants and fluoride treatments are also covered during routine visits. These preventative visits will help rule out and correct problems early before they escalate into major problems.
FSA accounts cover dental treatments as well.
Treatments such as teeth fillings and tooth extractions help to prevent further tooth decay and pain. Dentures, dental braces and other dental ailments are also covered under the “treatment” portion of your FSA plan. These treatments help fix current problems with your teeth which could escalate into bigger more expensive problems later down the road.
FSA accounts are beneficial for dental treatment by assisting with the cost of procedures as well as the co-pay for your insurance. When planning how much money to deduct for your FSA account, plan for dental visits as well as co-pays for these services. Contact your FSA provider to get detailed information concerning your FSA account and eligible expenses. While some expenses are not covered, some have to be deemed as “medically necessary” and that can be done by having the dentist in Watertown at All Dental Center write a letter explaining how it is “medically necessary.”
Your FSA is your money, use it to cover all your healthcare needs, including your dental needs.