Paying too much for insurance coverage and not having enough insurance coverage may be a familiar scenario for many of us. Not many health insurance companies offer policies with coverage that will give you dental, eye, and alternative care. Americans are spending over $30 billion annually just for dental services and most of it is out of their own pocket. The prices for dental care can be very horrid, ranging between $800 to $1,100 for crowns, $140 for check-ups and cleaning and thousands of dollars for oral surgery.Most of the dental plans available are expensive - the reason being that the insurance companies know that the individuals who purchase dental coverage already have dental problems and will definitely be using the coverage. This is also known as “adverse selection”.Another option is available today with the HSA, or Health Savings Account. This is an account that you can use to accumulate tax-free dollars for medical bills that aren’t covered under your High Deductible Health Plan, or HDHP. It is required that you are enrolled in a HDHP to qualify for an HSA. These plans have high annual deductibles, but you receive low monthly premiums in exchange. Since the money in the […]

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