Indemnity Dental Insurance Plans

Indemnity dental insurance plans are insurance plans that do not cater to a specific dentist network. Unlike other insurance plans that require a patient see dentists within a specific network, indemnity insurance plans allow patients to see whichever dentist they prefer and pay claims up to the value of the insurance policy.

Advantages of indemnity insurance plans

Indemnity insurance plans have the distinct advantage of allowing patients to see whichever dentist they prefer without having to worry about staying within a network. This is particularly useful to patients who travel frequently or move a lot. In addition, indemnity insurance allows patients to see physicians that typically charge more and also allow patients to request elective procedures without necessarily having to pay out of pocket.

Disadvantages of indemnity insurance plans

One of the major disadvantages to indemnity insurance plans is that they have high co-pays. Patients may have to pay upwards of 20 percent or more as a co-pay. Additionally, indemnity insurance may require that the patient pay out of pocket for services. The insurance then repays the patient after the patient submits proof that they made the payment. It make take several months for the insurance company to approve the claim and pay it back.

Indemnity dental insurance plans are helpful for many different patients, including patients who want to choose their own dentist and patients who want expensive elective procedures. However, they may require payment out of pocket and high co-pays.