Orthodontics Budget

Can I use a Health Savings Account (HSA) or Flex Spending Account (FSA) for Orthodontic Care?

One of the most common questions we get here at Advanced Orthodontics is how to save money on orthodontic treatment. We get it. You want great results at a great price, who doesn’t! That is why we offer many ways you can pay for your treatment as well as an array of treatment options.

What’s better: HSA, FSA or Traditional Insurance for Orthodontics?

Some of our patients find that paying for orthodontic care through an HSA (Health Savings Account) or FSA (Flex Spending Account) allows them to save money! Contributions to an HSA or FSA are tax-deductible, or if made through a payroll deduction, they are pretax. The funds can be used to pay for medical and dental expenses, like orthodontics! While health savings accounts can be accumulated over time, flex spending accounts must be used by the end of the calendar year.

Traditional dental insurance is another way to help lower your out of pocket cost for orthodontics, but it is important to look closely over your plan before deciding. Most orthodontic insurance plans with cover the cost of treatment at a given percentage, up to a certain dollar amount. For example, a plan might cover 50% of the treatment cost up to a $1,500 maximum. There are several limitations to orthodontic benefits to be aware of when deciding on orthodontic insurance, such as age limitations and waiting periods.

Health Savings Accounts or Flex Spending Accounts can be used in conjunction with your orthodontic insurance benefit, further lowering your out of pocket cost for orthodontic care. Orthodontic insurance can be quite tricky, so a member of the Advanced Orthodontics Team is happy to answer any questions you have.

Facts about Flex Spending Accounts (FSA’s):

FSA’s are limited to $2,600 per year per employer. Your spouse can also contribute $2,600 into an FSA through their employer. With those funds, you can pay for care for yourself, your spouse, and your dependents. This is great for parents looking to get traditional braces or Invisalign for Teens.

As always, we are here to work with you and your insurance company to make sure that we price out an appropriate course of action to get the smile you deserve. Contact us today to talk through your options or schedule a virtual consultation!

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