I recently had written an article about the fact that dental discount insurance was a misnomer - a combination of the phrases 'dental discount plans' and 'dental insurance'. However there was some hope that under the new health care policy that dental discount insurance would become a reality - that we may very well be offered a discount in our prices for having an excellent dental history, just as our prices in other types of insurance can be lowered. However, it seems that dental hygiene is really a low priority (after all, Congress has excellent dental coverage at our expense!) that the issue never made it to the floor.
The A.D.A. seems only concerned with 2 matters - more money for State health programs since it's regarding paying more (in their pockets) towards dental care. And more resources for public education and awareness concerning dental care, that is the governments' ticket to pay (meaning you and i foot the bill).
Will I ever get to the great news? O.K. - here it comes - how your dental discount insurance will turn up - however in vain. Here's the deal. The health insurance industry as a whole has been exempt from federal antitrust regulations. Basically, antitrust regulations are made to keep huge industries from price fixing, bid rigging, and taking control over a specific market and dictating prices and product availability.
In February of this year, Congress voted for the repeal (406-19) of this exemption which the health insurance industry is thriving under. So how exactly does this assist you? In a nutshell, more competition. Smaller companies will now have a level playing field to compete for your business - the dominance which the giants of the market have appreciated could be challenged.
So you will get dental discount insurance, but it will come in the form of more competitive rates and alternatives. But not in the form of an insurance plan - at least right up until a more competitive industry creates the product - and it's very likely that it will happen.
Please know these changes won't happen right away, but over the coming years. If you presently need a dental plan, there's no practical reason to delay your decision. Do a little research, locate a product that suits your requirements, and remember that the influx of competition will drive prices down - it always does!
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