Dental Benefit Basics: Common Terms Defined
If dental benefit terms confuse you, you're in good company. A 2013 survey found that 51 percent of U.S. adults were unable to accurately identify common health insurance terms. In order to better understand dental benefits, it's important to start with the basics. That's why we're breaking down four commonly confused dental definitions – plain and simple.
Coinsurance is the percentage you would pay for a dental procedure. Delta Dental will pay a percentage, and the patient will pay a percentage as well. For example, if you have a filling and the percentage is 80% for Delta Dental, your coinsurance percentage would be 20%.
A co-pay is a cost-of-sharing arrangement in which you pay a specific charge at the time of service. For example, $15 for a routine dental check-up.
A deductible is a specific dollar amount you pay before the dental provider pays their portion. Deductibles usually apply to basic or major treatment, not cleanings and exams.
Typically a monthly charge, a premium is the total amount paid to the dental provider for your coverage. Your employer pays the premium in whole or in part.
What other questions do you have about dental benefits? Are there additional terms you would like to know more about? Let us know in the comments section!