Annual Dental Insurance Review Crucial for Federal Employees and Retirees
Federal employees and retirees are advised to review their dental insurance needs annually and take advantage of the Federal Employees Dental and Vision Insurance Program (FEDVIP) during the open season. FEDVIP offers dental and vision insurance to eligible individuals and their families, with dental premiums paid entirely by the insured. When choosing individual dental insurance, it is important to consider preferred provider networks and the potential costs of out-of-network providers. Dental insurance may not always be cost-effective, especially for preventive care, but can be beneficial for senior citizens and those in need of expensive procedures. Evaluating the bi-weekly or monthly premium, annual maximum, and coinsurance is crucial when considering FEDVIP plans. Alternatively, individuals can consider self-insuring or using health care flexible spending accounts (HCFSA) or health savings accounts (HSAs) to cover dental expenses. Regular dental care and good oral hygiene practices are essential for long-term cost savings.