Financing Options for Braces

When it comes to orthodontic treatment, many people feel as though the price is out of reach, especially if multiple members of the family are in need of braces. Because this is often the case, some orthodontists are offering financing options for their services to make braces for the entire family more affordable.

Payment Plans for Braces

There are a variety of payment options available to families. In addition to paying out-of-pocket, which is impossible in many cases, orthodontists now accept and offer payment plans, Flexible Savings Account (FSA)/Health Savings Account (HSA) funds and insurance plans. Braces can be possible for the whole family, even if you’re on a limited budget.

Charleston Orthodontic Specialists offers financing options that work with a variety of budgets. Low down payments can help families get treatment started, and affordable monthly payments make paying for treatment more manageable. Payment plans allow treatment to fit into virtually any budget if you’re in need of a bit more time to complete payment for your treatment.

Using HSA and FSA Funds for Braces

Health savings accounts (HSAs) are offered to people who have high-deductible insurance plans to help offset higher out-of-pocket costs. The benefit of this type of account is the money you deposit in it is pre-tax and it does not disappear at the end of the year. An HSA is a great way to pay for braces or Invisalign treatment (if your insurance provider allows it) because you can accumulate pre-tax dollars until you or your child needs orthodontic treatment, and you don’t have to worry about losing the funds at the end of the year or if you change jobs.

Flexible spending accounts (FSAs) are also funded with pre-tax dollars, and are generally made available to people who opt for insurance plans with standard deductibles. The money you deposit into an FSA has to be used by the end of the year, so if you think you may not spend it all on regular medical expenses by December 31st, using it to pay for orthodontic treatment is a good option.

Using Insurance Plans to Cover Braces

Dental insurance is sometimes accepted by orthodontic practices and various insurance carriers are even including orthodontic treatment coverage as part of their plan benefits. Whether or not you are eligible depends on the type of insurance coverage you have and varies by provider.

Research Your Options

It’s important to do your research and find an orthodontist who offers flexible financing options for various types of income levels. Don’t write off treatment just because you think that you can’t afford it: find the best financing option for you and your family’s needs. A simply spectacular smile for your whole family is within reach.

At Charleston Orthodontic Specialists, we offer low set pricing for our most popular treatments and a variety of financing options, and we accept all major insurance coverage to bring orthodontic treatment within reach for many families. Call (843) 4-BRACES for more information today!