For the majority of families, meeting the costs associated with dental treatment can be a rather demanding investment. The required investment could even become larger if several members of the family require dental braces.
In order to get the most suitable type of braces, finance would be a key consideration. Hence, you should fully understand the different available options to deal with the financial burden and stress:
- Dental Payment Plan
A payment plan operates on the same principles like installment payment plans for any other type of purchase. Because of their flexibility, they could help in making braces affordable for you. Depending on the requirements of your orthodontist, you may be required to make a down payment first and then continue making payments spread over the treatment duration.
- Discount Groups
Another excellent method of saving the cost on your braces is through taking advantage of an existing dental discount plan or program. Such programs offer you access to thousands of orthodontists and dental experts countrywide. Most dental discount packages may save you up to 20% off the total cost of the braces.
- Government Plans
In a number of cases, a government or state sponsored plan may also assist you in financing your dental treatment. These programs however, are generally limited to families that have low-incomes. One such example is the Australian Medicare program and the Medicare Benefits Schedule (MBS) run by the Australian Department of Health. Although Medicare doesn’t generally cover any form of cosmetic treatment, if it can be established that you or your child must have braces, the program may have you covered.
- Insurance Coverage
One of the most widely methods for financing braces is insurance. It is however important to note that not all insurance plans provide coverage for orthodontic treatment. Nevertheless, a good insurance plan can greatly assist in defraying a sizeable part of the braces cost. When selecting your package for dental insurance, it is important to find one which specifically offers coverage to orthodontics.
As you shop for a suitable dental insurance plan, you should appreciate that the majority of insurance plans are not going to give you coverage if already you are on braces. In addition, some dental insurance plans may need some waiting period before you can reap the benefits. It is hence important not to wait until when you need the treatment. You wouldn’t want to be disappointed on discovering that your treatment is not currently covered or that it may be necessary to delay your treatment until after the waiting period lapses.
- Dental Schools
A dental school could also be an excellent and cost effective method of saving on the braces cost. A good number of dental schools offer dental treatment at discounted rates. It is however important to know that the kind of care you will be getting at the dental school will ideally be given by orthodontists who being trained, but supervised by senior and experienced orthodontists.
In Australia, if you want to pursue this channel, you can get in touch with the Australian Dental Association offices who can direct you to a dental school that is accredited near your location.
- Dental Charities
Families that are in the low income bracket could at times qualify to get assistance through dental charities. What you may need to pay will be dependent on your income and on the guidelines of the concerned charity. If accepted, you will get dental treatment at minimal cost and at times completely free.