Dental Discount Insurance Policy And Our New Health Policy - How The Changes Assist You
I recently had written an article concerning the fact that dental discount insurance was a misnomer - a mixing of the terms 'dental discount plans' and 'dental insurance'. However there was some expectation that under the new health care policy that dental discount insurance would become a reality - that we could be offered a discount in our rates for having a good dental history, just like our rates in other types of insurance policy can be reduced. But, it seems that dental hygiene is really a low priority (after all, Congress has great dental coverage at our expenditure!) that the issue never made it to the floor.
The A.D.A. is likely only worried about 2 issues - more income for State medicaid programs since it's regarding paying out more (in their wallets) towards oral hygiene. Plus more resources for public education and awareness regarding dental care, which is the governments' ticket to pay for (meaning you and i foot the bill).
Will I ever get to the great news? O.K. - here it comes - how your dental discount insurance plan will arrive - however in disguise. Here's the offer. The health insurance sector as a whole has been exempt from federal antitrust regulations. Basically, antitrust laws are meant to keep huge industries from price fixing, bid rigging, and taking control over a particular industry and dictating rates and product accessibility.
In February of this year, Congress voted for the repeal (406-19) of this exemption which the medical health insurance industry has been thriving under. How does this assist you? To put it succinctly, more competition. Smaller enterprises will now have a level playing field to contend for your business - the dominance which the titans of the industry have appreciated can be challenged.
So you will get dental discount insurance, but it will come into play in the form of more competing prices and alternatives. But not in the form of an insurance plan - at least until an even more competitive industry creates the product - and it is rather likely that it will happen.
You should know these changes won't take place instantaneously, but over the coming years. If you currently need a dental plan, there isn't any sensible reason to delay your decision. Do some on-line research, locate a product that fits your needs, and be aware that the increase of competition will drive rates down - it always does!