Physicians Mutual Dental Insurance policy review: How does this provider stack up against other competitors? In a nutshell, they are competitive on price and benefits. In fact, most of the competition for your business comes down to the benefits and services offered. However, there are certain things you can do to make sure you stay ahead of the game and save hundreds of dollars in your coverage every year.
PPO: The PPO option is perfect for those who are not in the market for a permanent dental plan yet. PPO premiums average between 33 percent and 50 percent less than the out-of-pocket costs of a full policy. For example, in-network deductibles may be as low as $100 and start at more than $500. Three payment options are available: HSA. High Deductible Health Plans, Preferred Provider Organizations, or Preferred Provider Organization plans.
Preferred Provider Organizations (PPOs): A preferred provider organization allows the consumer to get low cost dental plans with a variety of features and benefits from one provider. The PPO will charge a monthly premium to pay for expenses that are not covered by the main provider's plan. Most of the PPO plans are available only to members, but some will also provide plans to patients on a referral basis. In addition, some PPO plans are available in all 50 states. For example, Blue Cross Blue Shield of Texas and Humana offer PPO plans to all their employees.
Preferred Provider Plans (PPPs): This type of plan allows the consumer to obtain low cost dental insurance with one or more preferred providers. The PPPs have varying deductibles and can include both out-of-network and in-network providers, as well as a limited network of preferred pharmacies and clinics. With a PPP, you pay only one monthly premium and do not have to choose any providers out of the blue. This plan is great if you need one dental insurance provider and don't need it from two or more different companies.
Preferred Provider Dental Plans: These types of plans can include in-network providers as well as out-of-network ones and are good if you need to have more than one type of dental plan. Plans vary widely in benefits and costs. For example, Preferred Provider Organizations (PPOs) have lower premiums, but come with fewer benefits, like dental X-rays and dentures. and preventative dental care.
Fee-for-Service Plans: These plans are similar to Preferred Provider Organizations, but allow you to choose a doctor from a preferred list when you apply for a policy. While you pay the same amount each month, you don't choose any providers from the main plan.
PPO and Preferred Provider plan differ in that the former requires a monthly premium while PPO requires a co-payment which is based on a percentage of the total bill. Many PPO plans also cover a portion of the deductible and can give discounts on certain items.
A PPO allows you to choose from a wide range of doctors that accept insurance through the plan. A PPO typically pays the same percentage of your bill, if a visit to the doctor is covered by the plan, and provides a low co-payment, even for those with low income.
A Preferred Provider Organization allows you to choose any dentist within your network, as long as they accept insurance through the plan. You don't pay any co-payment, but you'll have to pay a higher deductible, and can elect to pay a higher co-payment amount.
It's easy to compare the cost and quality of oral health insurance online. Simply enter your zip code and see how much you'll pay for oral health insurance.