What are discount cards?
A discount card is different than individual health insurance, as it allows the patient to receive a discount on certain medical procedures "“ in some cases, as much as 60%. All you have to do is apply for the card, and once approved, you will be issued a card through the mail. You then simply have to present the discount card when you go in for services at your health provider. You are responsible for all of the charges, but you enjoy a discount for all of the services rendered.
What are the differences between dental discount cards and dental insurance plans?
The main difference between dental insurance plans and dental discount cards is that a dental insurance plan is similar to a private health insurance plan, whereas a dental discount card simply gives you a lower price for dental services. Similar to individual medical insurance, your dental health insurance plan may have monthly premiums and co-payments and deductibles for services. A dental discount card will have a monthly membership fee. It will also require you to pay for your dental services at the time that service is received, according to your lower rate. You will only be able to use your dental discount at set dental providers; however you can use it in conjunction with a dental insurance indemnity plan. Unlike traditional dental insurance plans, there is usually no maximum coverage limit with a dental discount card, and your coverage will begin immediately. Dental discount cards will also give you the maximum discounted coverage on the various dental procedures that you may need.
Is having a discount card the same thing as having health insurance?
Having a discount card is not the same as having private health insurance. A discount card simply provides you with savings off the regular service rates, but you are completely responsible for all of the fees associated with the medical services and prescriptions. You will be able to see certain health care providers that accept the card, and these providers will perform services at a pre-determined rate that is lower than their normal charges. This provides patients with an alternative to less affordable health care insurance.
How much savings will I receive with a discount card?
The amount of discount that you receive with your dental discount card will depend on where you go and the type of discount plan that you have. In most cases, the discount would be less than what you would receive with private health insurance; however, it remains an affordable alternative for patients that cannot afford the monthly premiums associated with individual medical insurance.