My first real job in 1979 was at Prudential where I rotated around to different departments in group insurance including dental. Dental insurance is a tough product because it has a mission different form other kinds of insurance. Most insurance coverage, think health or property coverage, is meant to prevent the insured from a financial catastrophe and attempts to shift risk from the policy holder to the insurer. Dental coverage attempts to get the insured to go to the dentist regularly in an attempt to prevent more costly procedures later. So, while health or property insurance can pay huge claims to an insured who needs a $200,000 surgical procedure or whose house has burned down, dental coverage encourages small claims for preventive procedures and does not provide large payments for a $25,000 claim for a mouth full of implants. I am familiar with the policies mentioned in the article because I live in NJ and get lots of junk mail pushing them. I do not sign up even though I get a cleaning and exam three times each tear. The juice is just not worth the squeeze.
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My first real job in 1979 was at Prudential where I rotated around to different departments in group insurance including dental. Dental insurance is a tough product because it has a mission different form other kinds of insurance. Most insurance coverage, think health or property coverage, is meant to prevent the insured from a financial catastrophe and attempts to shift risk from the policy holder to the insurer. Dental coverage attempts to get the insured to go to the dentist regularly in an attempt to prevent more costly procedures later. So, while health or property insurance can pay huge claims to an insured who needs a $200,000 surgical procedure or whose house has burned down, dental coverage encourages small claims for preventive procedures and does not provide large payments for a $25,000 claim for a mouth full of implants. I am familiar with the policies mentioned in the article because I live in NJ and get lots of junk mail pushing them. I do not sign up even though I get a cleaning and exam three times each tear. The juice is just not worth the squeeze.
Post: What Medicare Misses
Link to comment from August 15, 2023