The end of the year is full of activities. Family, school, and work obligations can keep you running constantly, without the time to consider other important things – such as whether you have used all of the health care and dental plan benefits covered by your insurance. When it comes to dental benefits, millions of people each year are ringing in the New Year leaving money on the table. According to the National Association of Dental Plans, only 2.8% of people with PPO (Preferred Provider Organization) dental plan participants reached or exceeded their plans annual maximum. Many people also have Flexible Spending Accounts, which help pay for dental and medical care with pre-tax dollars.
Whether you’re paying for dental care through a benefits plan or using an FSA, your current plans will most likely run out on December 31. Don’t let your hard-earned dental dollars go to waste. Here is a breakdown of what is flex spending, what these dental benefits are, when you need to use them by and how to make the most of your benefits.