Dental insurance: use it or lose it

Australian Dental Insurance Use it or lose it October 2021

You may be about to LOSE your PRIVATE INSURANCE DENTAL BENEFITS if they’re not used by 31 December 2021.

Most visits to the dentist have been cancelled this year due to COVID-19. However, your insurance premiums have remained the same. This means your health fund will be making a tidy profit from the visits you couldn’t make due to lockdown restrictions.

Your health fund provider will not send you a reminder because they know that if you don’t use your benefits in time, they get to keep your money. It’s equivalent to making a $500 plus donation to your health fund.

Because so many of our patients realise this at the last minute, December can sometimes be almost impossible to book into. Rather than waiting until the last minute, we hope that this reminder will encourage you to contact us soon to schedule your most convenient time.

Please check with your health fund that you are on a calendar year plan.

Call us to book your next appointment or submit an online request, and we’ll call you back to finalise.

If you’re interested in reading more about health fund profits due to COVID, this article written in 2020 is a good start: “Calls for private health sector to hand back coronavirus profit.”