Unlock the Full Potential of Your Benefits At Lincoln Orthodontics

Achieving your dream smile shouldn’t break the bank. That’s why we’re here to help you navigate the ins and outs of your benefits, making sure you get the most bang for your buck. Whether you’re considering braces, Invisalign, or any other of our orthodontic treatment options, understanding how to use your Health Savings Account (HSA) or Flexible Spending Account (FSA) can make a big difference!

The Basics of HSAs and FSAs

Orthodontic treatments qualify as medical expenses HSAs and FSAs can cover. You can use these funds for treatments, deductibles, co-pays, or coinsurance. Since the money is untaxed, you get more value compared to traditional savings. If you expect to have a balance remaining in your FSA at the end of the year, it’s a great time to book an appointment at Lincoln Orthodontics for braces or Invisalign!

HSA (Health Savings Account)

This account is a great way to save money for your medical expenses and you can save money pre-tax. You can deposit money and deduct it from your taxes for the calendar year, or you can contribute pre-tax directly from your paycheck. When you use these funds for qualified medical expenses, the withdrawals are tax-free. It’s a win-win for your wallet and your health.

FSA (Flexible Spending Account)

Offered through employers as part of a benefits package, FSAs let you set aside pre-tax dollars for medical expenses. Since the money is deducted from your paycheck before taxes, you save on overall tax liability. However, it’s important to note that any unused funds may expire at the end of the plan year, so here is your friendly reminder to use it or lose it!

Checking Your Orthodontic Benefits

Before diving into treatment, it’s crucial to check your orthodontic insurance benefits. We’re here to make the process as smooth as possible. Here’s how we assist you:

1. Submit Orthodontic Claims: We handle claims submission to your primary insurance. If you have secondary coverage, don’t worry—we’ll provide the necessary documents for you to submit for reimbursement!
2. Receive Payment Directly: We coordinate with your insurance company to receive payment directly, helping to reduce your upfront payment.
3. Personal Budgeting: We will sit down with you one-on-one to come up with a monthly payment plan that fits your budget.

Understanding Qualified Medical Expenses

Let’s chat about what qualifies as a “medical expense.” When it comes to orthodontics, that includes any treatments recommended by a dentist or orthodontist – not just for you, but for your spouse or dependents as well! It’s important to remember that the expenses must be deducted from your taxes in the year you pay them, even if the treatment is completed later.

Our Commitment to You

We pride ourselves on providing the most comfortable orthodontic care in a patient-centered environment. Our team is eager to chat with you about any questions you may have. We work hard to ensure easy financing options so that high-quality treatment is accessible to our patients.

If you have any questions or want to learn more about how to maximize your benefits, don’t hesitate to reach out. Call our office at 402-489-8841 to get in contact with us today. After all, we’re all about making your orthodontic journey as fun and simple as possible!