Knox Associates
has taken the
guess work out
of purchasing
Reno Dental
Insurance for
families and
individuals.
We have searched
the industry and
selected Ameritas
BrightOne as our
sole individual
Reno Dental
Insurance
Carrier.
With any
Individual /
Family Reno
Dental Insurance
plan you have
wait periods
before you can
access certain
benefits.
One thing you
should look for
when purchasing
Reno Dental
Insurance is the
network of
dentists you
will have access
to. With Ameritas you
have access to
the
Diversified
Dental Network.
This is one of
the largest
Dental PPO
Networks
available in
Reno Nevada.
Because
individual / family dental plans are
somewhat limited with regards to the maximum
dollar amount they will cover in a calendar
year, you should take into account the
following when purchasing Reno Dental
Insurance.
We recommend
Ameritas Dental for your Individual /
Family Reno Dental Insurance needs.
When
possible, be sure to utilize in network
dental providers - Your dental dollars
will go much further!
We
are not a fan of indemnity style dental
plans - the dentist can charge you what
ever he/she wants - the indemnity dental
plan only reimburses based on a
percentage of Usual and Customary Rates
(UCR)
When
using a true PPO Reno Dental Plan -
and you utilize a contracted provider -
the provider can not charge you more
than the contracted rates.
If
you have a tooth that has been pulled
while you were not covered by Reno
Dental Insurance? If so, it will
be considered a pre-existing condition
and bridge work or implants will not be
covered to fill the empty space.
Orthodontic benefits are normally
considered life time benefits - this
means the benefit amounts will not
"stack" if you have multiple dental
insurance coverage's. Call for a
more detailed explanation.
Out
of pocket expenses that are not paid for
by Reno Dental Insurance can be
considered "eligible medical expenses"
by the IRS and therefore can be covered
by your Reno Health Savings Account.
The
newest forms of Reno Health
Insurance are Health Savings
Account Qualified Plans.
These plans were made permanent
in 2004 and already have
attracted more than 3,000,000
policy holders.
We
have seen these
plans work very well for
individuals and family's who are
over the age of 30 and generally
in good health. By raising
deductibles and saving the
premium difference into a tax
deferred Health Savings Account
it is very likely that a family
can save over $14,000 over a
period of 5 years with out
compromising coverage -
see this example.
HSA's offer significant tax
advantages
You can see significant
premium savings by
purchasing an HSA qualified
health plan
HSA Qualified plans work
very well for the Self
-Employed
For 2007 the maximum family
contribution to an HSA is
$5,650. Your
contribution limit is no
longer tied to the
deductible of your HDHP.
For 2007 the maximum single
contribution to an HSA is
$2,850. Your
contribution limit is no
longer tied to the
deductible of your HDHP.
Once you turn 65 you can
reimbursed your Medicare
Part B premium to yourself
on a tax-free basis
HSA' Roll over from year to
year - there isn't a "use it
or loose it provision" like
there is with Flexible
Spending Accounts (FSA's)
HSA's are never taxed when
the money is used for
qualified medical expenses
Once you turn 65 you can use
your HSA funds to pay for
some insurance premiums
You can use your HSA funds
to pay for an immediate
family members out of pocket
medical expenses on a tax
free basis
In
most instances an employer
can contribute to an
employees HSA
Disclaimer: This website is
not intended to advise on tax or
investment related issues; as with
all investment and tax related items
you should check with your own
financial or tax professional.
Even though the information on this
site has been pulled from reliable
sources you should always check with
a licensed professional specific to
the questions and concerns that you
have based on your own situation.
Specializing in Reno Health
Insurance for the Self-Employed
and Small Businesses (under 100
employees).
Last
updated Saturday,
December 30th, 2006 Copyright
2003-2006 --
SilverStateInsurance.com
is owned and operated by Knox
Associates, LLC - a
licensed insurance
agency based in Las
Vegas Nevada
