How you can afford
Explaining the value of dental implants
Have you ever purchased a $30,000 car or a vacation? Chances are you didn’t pay for it all at once. You may have put together a payment plan to spread out the total cost or borrowed from savings or an asset like your home.
Most patients finance most or all of the cost of dental implant treatments the same way. Because many life-enhancing procedures like implants are considered “elective,” insurance may satisfy only a portion of the procedure, if at all. Further, Medicaid, Medicare, and state insurances do not cover the cost of implants.
So, to achieve the smile of your dreams, you may need to consider some of the more common methods used to cover the price of implants.
Fortunately, at Aria Dental Implant Center, we offer many payment plans and options that make implants quite affordable at low monthly rates. If your credit score is average or even slightly below, we can help you apply online with a third-party financing company, and you’ll receive an instant decision in most cases. This pre-qualifying approach is a “soft” credit check.
If you don’t qualify, all hope is not lost. Some patients tap a friend, family member, or spouse to co-sign with them for financing.
Alternative options for affording dental implants
Home Equity Line of Credit Payment Plan
Some patients take out a home equity line of credit. You may have done something similar to remodel a kitchen or pay for your child’s college. Many patients use the equity in their homes to pay for their life-changing treatments – especially since interest rates are low and tax write-offs may be available.
Borrowing from a Retirement Plan
Patients also borrow from a retirement savings fund such as a 401(k), 403(b), or 457(b) account. This option includes multiple advantages, such as low monthly payments that may be extended, in many instances, over five years. A considerable benefit of borrowing from a self-funded retirement account includes the low interest rates available. This option is regardless of your credit score rating. Furthermore, all interest paid by you is deposited back into your retirement account instead of a lending institution.
However, doing nothing also has a substantial cost
The alternative to the financing question is the price of NOT taking action.
Doing nothing will lead to more jawbone loss, leading to loose-fitting removable partials and dentures, and ultimately unstable teeth and difficulty chewing – especially healthier foods like fruits, vegetables, whole grains, and meat.
Excessive jawbone loss may also lead to higher healthcare costs since implant dentistry becomes more challenging to perform.
Finally, there are professional and social costs associated with inaction as well. Studies have shown that missing or bad teeth can negatively affect your pay or even a new job offer. When people are embarrassed by their smiles, they tend to be socially shy and not as happy.
Fortunately, there is a solution at Aria Dental Implant Center, and it can happen in as little as a day. Can you really afford to wait? Schedule your office visit today.