It is becoming more and more common to utilize Flexible Spending Accounts (FSAs) for medical and dental care. Here at Cuozzo Orthodontic Specialists, we accept a variety of payment methods, including many types of FSAs. Below, you will find answers to some frequently asked questions about these popular savings plans and their uses for orthodontic treatment.
When should children begin treatment and how much FSA money should be set aside?
It is important for our orthodontist to see children at around age eight for an evaluation. If early intervention treatment is not indicated, then the child is monitored every 6 to 12 months. This enables our orthodontist to pinpoint when treatment should start, the length of treatment, and the estimated cost so that parents can take full advantage of their FSA.
Why is it recommended for parents to utilize FSA money for their children’s orthodontic treatment?
An FSA is tax-free money put aside by the parent. Dental insurance varies in that it may not cover orthodontics, or it may offer only partial coverage. Using FSA dollars saved ahead of time is a great way for parents to avoid surprise expenses.
What else should parents be aware of when it comes to Flexible Spending Accounts and orthodontic treatment?
Some FSA accounts must be used by the end of the year, so it is important to communicate with the doctor and staff. Let them know that you will be using FSA dollars so they can guide you as to when to start putting the money away and how much you will need.
If you have further questions regarding FSAs and orthodontic treatment, a member of our team will be happy to assist you.