While we’d love to only talk about the benefits of getting Invisalign or braces, it’s also important to discuss the not-so-pleasant side of getting orthodontic treatment. When it comes to getting Invisalign, one of the main things people worry about is paying for treatment. Fortunately, there are lots of ways to make your treatment affordable.
Can I Use Insurance to Pay for My Treatment?
If you have dental insurance, it may cover a significant portion of your treatment. At Milnor Orthodontics, we accept all major dental insurance, so if your coverage includes Invisalign aligners, we can apply it towards the cost of your treatment. All you have to do is present your insurance information to us before you get started and we can take care of the rest for you. No need to deal with filing claims or handling checks from your insurance company. Instead, we take care of all the paperwork and bill you only for the portion that isn’t covered.
We are also in-network with Delta Dental, Aetna, Cigna PPO, and United Concordia. This means you are guaranteed to get the best possible price for your orthodontic treatment.
If you sign up for dental insurance with the hopes of getting your Invisalign or braces at a lower cost, keep in mind that many insurance policies have a waiting period before you can use them to pay for braces. This shouldn’t deter you from getting dental insurance, since you will also benefit from more affordable cleanings and other procedures.
FSAs and HSAs
Conventional insurance plans aren’t the only way to get coverage for your orthodontic treatment. You can use a health savings account (HSA) or a flexible spending account (FSA) to make paying your medical expenses, including orthodontic treatment, tax-free. Both offer similar advantages but they are each slightly different.
With an HSA, you have to have a high-deductible health insurance plan to qualify. When you open an HSA, you can fund it with pre-taxed money and withdraw funds for medical purposes without any taxes as well. While you can use the money for non-medical reasons, it will be subject to a tax penalty. At the end of the year, all funds will roll over to the next year.
An FSA comes with a lower contribution cap and the funds are lost if you don’t use them within a certain period of time. As with an HSA, your FSA money won’t be subject to taxes. So while both offer tax advantages, the main advantages of an HSA are its rollover benefits and higher contribution caps while the advantage of an FSA is that the only requirement to qualify is having a participating employer.
No matter which option you choose to pay for your braces or Invisalign, you will be able to easily pay for your treatment using OrthoFi, which allows you to pick the payment term and downpayment that best works for you. Of course, you can find out more about the benefits of orthodontic treatment by scheduling a free initial exam here at Milnor Orthodontics.