Is Invisalign Covered By Insurance?
I am 21 years old and I've never had perfect teeth. I don't want traditional braces but I'm considering Invisalign's clear aligners. My only issue is the cost. I've heard Invisalign costs in the range of $5000-6000, which is money I don't have now. I do have dental insurance though. Is it possible my dental insurance would cover my Invisalign treatment?
It depends on your dental insurance. Some insurance plans will cover up to $3500 of your Invisalign treatment. You should contact your insurance carrier to see if you qualify for reimbursement of your Invisalign treatment. I would also recommend looking into alternative financing options. Some dentists offer 0% interest payment plans, which will make your Invisalign treatment more affordable. CareCredit is a well-known financing company that offers payment plans. You should also check with your employer, to see if you have a Flexible Spending Account (FSA). FSAs allow you to put money aside tax-free for a qualified medical expense. As a last resort, you may want to consider getting a 0% interest credit card. Some credit card companies offer 0% interest for 18 months on purchases. For a $5000-6000 charge, your monthly payments would be around $300/mo. Some people get a little fancy with this and make lower monthly payments and then transfer the remaining balance on their card at the end of the 0% interest period to another 0% interest card. You need to be mindful of the balance transfer rates (typically 2-3%) should you decide to do this. You also need to make sure you transfer the remaining balance on your card to another card, before the 0% interest period expires. If you forget, all of the interest charges that have accrued over the 18 months will be charged to you (big mistake - don't let this happen).