My Family of Four Pays $2,400 a Year for Dental Insurance and Still Gets Big Bil

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Almost certainly yes. A family spending $2,400 annually on dental insurance premiums and still receiving significant out-of-pocket bills is a family that has not examined whether their coverage is actually delivering value. That examination starts with understanding what traditional dental insurance is designed to do and whether it is the right tool for your family's actual dental needs.

Most dental insurance plans are structured around a benefit maximum that has barely changed in decades. The American Dental Association has noted that annual maximums of $1,000 to $1,500 were standard in the 1970s and remain standard today, despite the fact that dental costs have risen substantially over the same period. A family of four with individual maximums of $1,500 each has $6,000 in total annual coverage, but that number is misleading because of how the coverage is structured.

You don't need $100,000 for a rental property anymore — this platform lets investors buy stakes in real homes starting at $20

Still on the fence? Coverage gets harder to lock in as you age. Ladder lets eligible app

Fuente original: Yahoo Finance (https://finance.yahoo.com/healthcare/articles/family-four-pays-2-400-190134549.html)