One of the most commonly asked questions regarding orthodontic treatment is, “How much do braces cost?”. And while there is no exact answer to that question without being evaluated by an orthodontist, we want you to have a full understanding of your options when paying for orthodontic treatment. As 2018 comes to an end and 2019 is right around the corner, we know many of our families are planning orthodontic treatment for their children or themselves in the upcoming calendar year.
At CHT Orthodontics, we do not want finances to be a roadblock to receiving treatment, therefore we have multiple options regarding payment plans and want you to completely understand the financial portion of treatment.
Most people don’t know, but Health Savings Accounts (HSA) and Flex Spending Accounts (FSA) are welcomed as a form of payment for a portion of your treatment cost or the entire amount. We encourage you to know the yearly amount allowed on your specific account or the remaining balance at time of your consultation. Some cards have a “use it or lose it” policy that may expire at the end of the calendar year as well, so make sure you exercise your option to “use it!”
If you have Orthodontic Insurance Benefits on your dental plan, our office will reduce the amount we are expecting insurance to pay from the total treatment fee. Insurance will not pay the provider all at once, but instead will make monthly or quarterly payments throughout the course of treatment. If the insurance plan terminates during treatment, you will be responsible for the unpaid benefit. Orthodontic Insurance benefits run on a lifetime maximum, so unlike dental and medical benefits that reset at the beginning of a calendar year, orthodontic benefits do not reset (so no need to wait until January to maximize your insurance!).
From there, we have options for our patients to make their investment make sense for their particular family situation. We do require a down payment to begin treatment. You will have a conversation with our treatment coordinator to decide what amount you are comfortable with. Most patients place a down payment between $500 and $1500. For the remaining balance, we offer in office Interest Free Payment Plans. No third party is involved and no credit check is done! We simply take the remaining balance after insurance and down payment, then break it into monthly payments throughout the course of treatment. This plan is set up using a checking or savings account of your choice and is drafted the 1st of every month. If you prefer to Pay In Full, we do offer a courtesy off you the total patient responsibility.
If you have any further questions regarding your financial responsibility, please feel free to call our office at (630) 323-1201 and speak to our treatment coordinator or financial coordinator. We would be happy to help!
Thank you for choosing CHT Orthodontics!