How to get financing for dental treatment?
Dental Financing: Options for Making Dental Treatment More Affordable. 1 A dental loan or credit card. A credit card is one way to finance your dental work. One of the dental financing options you may want to consider is a ... 2 Dental insurance. 3 Dental discount plans. 4 Dental payment plans. 5 Dental tourism. More items
How does a dental loan work?
With a dental loan, you borrow the money from a lender and use it to pay your dentist in full. You might get a small discount for paying in cash up-front; it's worth asking. Interest rates on loans vary considerably depending on the amount you borrow, for how long and what your credit rating is like.
Can you pay for a dental treatment in installments?
Dental payment plans Many dental clinics offer their patients the option to pay for their treatment in installments with a payment plan. This type of dental financing involves paying a certain amount up-front and then splitting the remainder into smaller monthly installments.
How does dental insurance work in the US?
Dental insurance is one of the most common dental financing options in the US and can help with the cost of dental work by giving you a way to pay your expenses (or at least a portion of them) in predictable monthly payments.
What is the best way to finance dental work?
A dental loan or credit card. A credit card is one way to finance your dental work. One of the dental financing options you may want to consider is a loan or credit card. You apply for these just as you would with any other big purchase, like a car or a new kitchen. You'll need to research different lenders to find a loan or credit card ...
How do dental loans work?
With a dental loan, you borrow the money from a lender and use it to pay your dentist in full. You might get a small discount for paying in cash up-front; it's worth asking. Interest rates on loans vary considerably depending on the amount you borrow, for how long and what your credit rating is like.
What is dental payment plan?
Dental payment plans. Many dental clinics offer their patients the option to pay for their treatment in installments with a payment plan. This type of dental financing involves paying a certain amount up-front and then splitting the remainder into smaller monthly installments.
What is cosmetic dentistry grant?
Cosmetic Dentistry Grants is a program created by the Oral Aesthetic Advocacy Group that can help fund implants and possibly lead to free dentures. There is some question as to whether this dental finance company is a legitimate financing option, or is just a marketing scheme.
How to contact dental insurance marketplace?
And if you need guidance, you can call their friendly, licensed customer service agents at 888-626-0057. Compare dental insurance now.
How much does it cost to get a dental implant?
By far the most expensive type of routine dental work is implants. With a price tag anywhere between $1,500 and $6,000 for a single implant in the US, and some clinics charging much more, it's not surprising that many people need to explore dental implant finance options.
Can you get dental insurance if you can't afford it?
If you are eligible to receive benefits from Medicaid, and can't afford dental work, then your children will receive limited but free dental care . This care must at least include:
1. Only finance what you can afford
Make sure you understand the monthly payment requirements for your plan. Most plans will have a monthly minimum payment amount, but paying just that amount may not be enough to pay off your balance before the no-interest period on the offer ends. Consider the following:
2. Understand how interest is charged and pay accordingly (and on time!)
There are two common types of financing offers: No interest and low interest.
3. Make sure you read and fully understand the agreement
Taking time to understand your options and obligations can improve your financial and your dental health.
A Guide To Your Options
Dentistry can do so much these days to improve a person’s health, appearance and self-confidence. From barely noticeable braces that straighten crooked smiles to dental implants that replace missing teeth, there is a state-of-the-art solution to virtually any dental problem.
Borrowing Opportunities For The Healthcare Consumer
General-Use Credit Cards There’s a good chance your dentist accepts payment by a credit card you already have. If you use it, you won’t have to apply for a new loan. The downside is that you might tie up credit you routinely rely on for other needs; plus, credit card interest rates can be higher than other types of loans.
What to do if you can't afford dental care?
If you can’t afford to pay for necessary dental care all at once, you might be considering financing. This could mean borrowing money to pay for your treatment and then making monthly payments until it’s paid off. Financing also typically involves paying fees and interest on the money you borrow.
How much did people without dental insurance pay in 2015?
To make things even more expensive, in 2015, 2 9% of Americans were without dental coverage, and among those who did have it, private insurance only paid 43% of total costs. If you can’t afford to pay for necessary dental treatment upfront, you may be considering dental financing. But bad credit can make it difficult to get approved ...
How long does it take to pay off a dental card?
If you’re able to pay off the amount you owe within the established time frame — which is usually somewhere between 12 and 21 months — you could finance your dental care interest-free.
What is 0% APR credit card?
Rather than using a medical credit card, you may be considering paying for your healthcare with a regular credit card. There are credit cards that offer an introductory 0% APR for purchases and balance transfers for a set period of time.
What is a personal loan?
Personal loan. A personal loan can be used to pay for a range of personal expenses, which can include dental work and medical treatment. These loans are typically unsecured loans, which mean the lender doesn’t require any collateral to secure the loan.
Can you deduct dental treatment on your taxes?
If your necessary dental treatment is really expensive, you just might be able to claim a tax deduction for it. Federal tax law allows you to take a deduction on your taxable income for certain medical and dental expenses — as long as it exceeds a set percentage of your adjusted gross income for the year.
Can you get dental treatment if you don't qualify for affordable financing?
But if you don’t qualify for affordable financing, it doesn’t necessarily mean you can’t get the dental treatment that you need.
What are the procedures that dentists do?
Dental work, whether it's part of a routine visit or a specialized procedure, can include [source: Colgate ]: 1 Twice-a-year cleanings 2 X-rays 3 Fillings for cavities 4 Crowns and bridges 5 Tooth extraction, including wisdom teeth 6 Root canal treatments 7 Tooth implants 8 Treatment for gingivitis and periodontal disease
Do you have to have a specialist for a root canal?
Costs vary from doctor to doctor, and many times, you'll have to use a specialist for certain procedures, such as an oral surgeon for a root canal or an orthodontist for braces. If you have dental insurance, call your provider to see how much of the cost will be covered. Your insurance company should give you a close estimate ...
Is it necessary to keep up with dental work?
X-rays. Fillings. Braces. Root canals. Veneers. Keeping up with dental work is necessary for overall oral health, but it can get very, very expensive. If you're lucky enough to just get away with a cavity now and then, you may not have yet experienced the sticker shock of major dental work. Taking care of your pearly whites can run ...
Can a dentist appeal to your provider?
Your dentist can appeal to your provider, though, if a cosmetic procedure is necessary. Finally, check your credit report. If you have a low credit score or unstable credit history, certain financing options may not be available to you. Now that you know financing is an option, read on to learn about the types available.
Is dental insurance easy to obtain?
Advertisement. Dental insurance is easy to obtain, much like general health insurance. Plans vary in price and coverage, so be sure to read through each plan thoroughly before you enroll. Many plans include these options:
Can I use my own credit card to pay for dental work?
Using your own credit card is an option to pay for your dental work, although putting a large amount on your card may not be the wisest financial decision for you. As always, when using a credit card, be wary of your interest rates and monthly payment costs.
Can you finance dental work?
Luckily, the answer is yes . You can finance dental work, for both necessary procedures such as cavities and root canals, as well as cosmetic dental work such as dentures or teeth whitening. Dental work, whether it's part of a routine visit or a specialized procedure, can include [source: Colgate ]: Twice-a-year cleanings.