Do you have leftover money in your flexible spending account (FSA) this year? If you have missing or damaged teeth, come into Hill Country Oral Surgery and get dental implants. Dental implants are an FSA authorized expense. Call us today and schedule your consultation to get started.
What Is an FSA?
A flexible spending account, also known as a flexible spending arrangement, is a special account where you can put pre-tax funds aside for medical expenses. You don’t ever pay taxes on FSA funds, so an FSA can save you money on your medical expenses, as much as your usual tax rate. An FSA must be obtained through an employer that offers the program. All the funds must be used for authorized medical expenses during the designated year.
FSAs can save you money on medical expenses, but they require careful management to get the maximum benefits. If you don’t spend your FSA funds during the designated year, you lose them. Many employers offer a short grace period at the beginning of the year to spend any remaining funds. Check with your employer to learn more about contribution limits, reimbursement deadlines, and important dates for your FSA. Don’t let your funds expire or you’ll lose money. There are so many ways to use FSA funds, including oral surgery and dental implants.
Can I Use My FSA Funds on Dental Implants?
Dental implants are an FSA eligible expense. That means that you can use any remaining funds in your FSA to help pay for the procedure. Redemption policies vary, depending on your FSA. Some patients receive a debit card they can use for certain FSA authorized expenses. Other policies may require you to pay for the procedure up-front and receive a reimbursement after treatment. Talk with your employer for detailed information on how to redeem your FSA funds.
Does Everyone Have an FSA?
FSAs are only available through your employer. If you don’t have an FSA, talk with your employer to find out if one is available. Not all employers offer FSAs. If you don’t have an FSA, don’t worry. Medical expenses, like dental implants, are still tax deductible in many cases. Some private insurance policies, especially those with a high deductible, offer a health savings account (HSA) which is similar to an FSA.
Affording Dental Implants- What You Need to Know
Dental implants can improve both the function and appearance of your smile. They are also a significant financial investment. If you have an FSA, your leftover funds may make the procedure more accessible and affordable. If you don’t have an FSA, you may still be able to afford dental implants.
- Finest Care at the Most Reasonable Cost- We strive to provide our patients with the highest standard of care in oral and maxillofacial surgery. We also try to keep our costs reasonable and fair. Come in for a consultation and quote so you know how much dental implants will cost.
- Insurance– We accept insurance and many policies pay a significant amount toward dental implants. We are happy to submit insurance claims for you. Remember, you are responsible for the entire cost of your procedure, whether your insurance company pays or not. Talk with your insurance company to find out if your policy covers dental implants.
- Payment Policy- Our policy is that payment must be made at the time of the treatment. If you have insurance, we will ask you to pay your portion of the payment at the time of the procedure.
- Accepted Payments– We accept a variety of payment options including cash, check, debit cards, Visa, Mastercard, Discover, American Express, and Care Credit.
- Financing for Dental Implants– If you need help financing the cost of your procedure, look into Care Credit. They provide a medical/dental credit card upon approval. This card can be used to pay for services from our offices and services offered by many other medical providers. Call our offices to learn more about Care Credit or visit their website to fill out an application.
With a variety of financing and payment options, we can provide dental implants to many patients that originally worried the cost of the procedure was out of reach. Come see us to explore your options and learn more.
The end of the year is quickly approaching. If you want dental implants and have leftover FSA funds, come see us and put them to good use. If you don’t have an FSA, let’s talk about financing options. During open enrollment time, right now for many of our patients, you’ll have more options available for changing/adding insurance or getting an FSA. If you’re hoping for dental implants in the near future, come in now so you can get the information you need before open enrollment closes. Call us to schedule your consultation at Hill Country Oral Surgery.