As a dental care practitioner, you would want to provide your customers with all the best possible facilities. From offering almost all types of treatments at your clinic to ensuring your patients take utmost care of their oral health — you always strive to do what is best for them. And, if you also provide financing and insurance assistance to your patients, then you must be aware of HSA and FSA coverage of dental treatment. But did you know that HSA and FSA also cover orthodontic services like treatment through clear aligners? If not, then read on to find out more about it…

What are HSA and FSA?

Health Savings Account (HAS): It is a tax-saving account for the US taxpayers enrolled in the High Deductible Health Plan (HDHP). It is like a savings account that can be used to pay for medical expenses. It is controlled by the account holder and is tax-free.  

Flexible Spending Account (FSA): It is an account where employees can allocate a pre-tax amount (pre-decided) from their salary every month. They can use this amount to pay for certain healthcare expenses.

HSA and FSA for dental care

Both HSA and FSA cover most dental treatment on top of regular health insurance. These are the ideal routes to reduce your patients’ out-of-pocket expenses and work like supplements to their dental insurance. 

HSA and FSA for clear aligners

With the popularity of clear aligners among the current generation, especially millennials, it is obvious that almost every dental clinic offers it under their orthodontic practice. The procedure is easier than traditional braces-based treatment, and people opt for it for its multiple benefits. But when it comes to financing, not everyone might know HSA and FSA cover that clear aligner treatment. In fact, lack of knowledge can deter many of them from trying it. In such a scenario, you need to inform and educate your patients about its availability. To make things easier, you can even arrange for experts who can explain the coverage and procedures involved to the patients in layman terms and help avail the options. It will not only reduce their out-of-pocket expenses but also assure them that their trusted clinic has made provisions to make their lives easier. 

OrthoFX offers a VIP concierge service to help your patients with all their insurance and HSA-FSA-related queries. They ask a few questions to verify the benefits and guide them on the next steps. In case you choose us as your clear aligner providers, such services are just part of the deal. 

References

• https://www.benefits.gov/benefit/5885
• https://www.healthcare.gov/glossary/flexible-spending-account-fsa/