A dental savings plan functions a lot like a membership at a warehouse club. You pay an annual fee and get access to significantly reduced rates. And dental savings plans offer many benefits over traditional dental insurance. Things like no annual caps or limits and absolutely no paperwork.
Visit: and learn more about how to save money at the dentist.
Start saving today! Join. Save. Smile.
And if you can’t visit us online, give our :DP AtYourService™ Team a call at 866-794 -1154 and we’ll be happy to help you find a plan that is affordable and can solve all your dental cost concerns.
Stay Connected & Smile with US too! Join our social community and feel free to like, favorite or share our message… Because everyone deserves a smile they can afford!
millions of people today have no dental insurance if you're without insurance do you have a plan to care for your teeth without spending a fortune well we do introducing dental plans I'm a huge fan of dental plans because there's no waiting to get approved so you can get what you need to have done when you need it to get done as a member you pay one low annual membership fee and then save money every time you go to the dentist with dental plans I can alleviate the financial stress because i can plan when i can go to the dentist it was very easy to find a plan that that met our budget with dental plans you choose your dentist we have more than 100,000 dentists that accept our plans nationwide it was really wonderful to have the ability to see my regular dentist and to pay so much less money for it dental plans has no health restrictions you can't be turned down for a dental savings plan and there's no waiting so you can join today and start saving at the dentist tomorrow dental plans is great value for a single mother with children on a limited budget with no annual caps or limits you can visit your dentist as often as you need and save money at every appointment and get this there's no paperwork to fill out best of all no question ever goes unanswered our DP at your service team is available to help you get the most out of your dental savings plan the customer service people have been fabulous very friendly very knowledgeable and easy to work with there's even a 30 day money-back guarantee so if you don't have dental insurance you now have a plan dental plans I love dental plans because of the savings and the ease of use dental plans was completely a no-brainer for me my penis loves me because i use dinner plans join today and you'll say fifteen percent off any dental savings plan will even give you one month free with this limited time exclusive TV offer visit dental plans calm or call eight hundred 2407 695 you
Rather than paying the costs to provide large and expensive group health plan benefits, employers are now controlling their costs on a monthly basis by establishing a Defined Contribution Health Plan.
What a Defined Contribution Health Plan is that a company gives each employee a fixed dollar amount (a “Defined Contribution”) that the employees themselves choose how to spend. Usually employees are allowed to use their Defined Contribution allowance to reimburse themselves for individual health insurance costs.
Defined Contribution Health Plans are a cheaper and more affordable alternative to more expensive employer-sponsored group health insurance plans. Defined Contribution Health Plans by themselves are not health insurance plans.
Defined Contribution Health Plans are programs that allow employees to be more involved and have more freedom in their healthcare choices. With a Defined Contribution Health Plan, employees will use their own finances to get their own healthcare plans.
lesson number 17 defined contribution plans overview hi it's Mike how are you doing today I hope you're doing well thanks for coming by it's good to see you again today's lesson will be a very quick one I wanted to go over health plans that are not really health plans and one of those that fits into that category quite nicely is a defined-contribution health plan a defined-contribution health plan is not really a health plan it's an approach to providing health care services for employees and a company that's basically what it is it's not a textbook definition but to keep things simple and to keep it from getting you know too confusing that's the basic idea what companies are doing to combat the ever rising cost of health care is to set up plans that have called defined-contribution health plans defined-contribution health plans are simply this once again this is not an absolute textbook definition but it will be good enough for class today companies want to do two things they won want to hire the best and brightest of course but the second thing they want to do in order to hire the best and brightest they have to offer benefit plans that will attract those people what the current philosophy is especially post Affordable Care Act companies want to use defined-contribution health plans as a basic health care strategy to help them save money attract the best and brightest and do it in such a way that it will be far less cumbersome in an administrative sense when companies want to save money the first thing they do is of course cut benefits defined-contribution health plans do exactly that that was why they are created in fact defined-contribution health plans are really picking up steam here in the United States they're really becoming popular and many many huge corporations are using them what is a defined-contribution health plan once again let's keep the deaf very simple rather than paying the cost to provide group health benefits to a group of employees what businesses are doing is they're going to give literally give their employees money to choose their own health care plan that's basically what it is that's at a nutshell level of understanding typically employees in the past you got a plan from your employer or a choice of plans and you looked at it and you said oh I'll pick you know out of a B or C i'll pick plan B well in business they're moving away from that model what it looks like and look what it looks like the future is going to hold for employee health care benefits is that they're going to give you your boss your employer it's going to give you like say three hundred fifty dollars a month or five hundred dollars a month and they're not going to tell you how to spend it what they're just going to do is give you a series of choices and you choose to opt in and you can choose to opt out of their choices what it does is what this approach will do is that it will give employers enormous enormous savings because with with group health plans you pay huge amounts of money because you're assuring people who won aren't sick to George you're incurring enormous losses you know dollar for dollar for those people who are sick defined-contribution health plans answer both those questions you give somebody some money you give them employee some money and you say look here's your money now you can go and make your choice and that's basically the way it's set up employees will be responsible for selecting an individual health insurance plan and making payments out of their own finances now of course the tax ramifications you know being what they are if you get say five hundred dollars from your employer you'll be paying tax on that money so remember this will be literal income I don't know exactly what future for defined contribution health plans how they exactly going to work out the tax ramifications for the employees or if there will anything worked out at all but you're going to get this five thousand dollars a year and what will happen is is that you choose your own plan some people will choose a plan and some people will naturally keep the money that's where the problem comes in but for employers defined-contribution how flames are going to make them a fortune now they can direct money at people and just say look here's your five hundred dollars a month six thousand dollars a year and that's it that's basically what defined contribution health plans are in future lessons we'll go over more in depth topics associated with defined contribution health plans but I wanted you to be familiar with them and understand at a very basic level what they mean because chances are you have a job you will definitely see a defined contribution health plan very very soon they're all over the place and they're spreading like weeds in the field so get ready for this one because it's definitely coming it's already here but it's going before are far more widespread as time goes along that concludes my lesson for today if you like what you've heard so far please subscribe like and comment as always thank you for your time take care and be well
Do you have questions about your Health Savings Account? Let’s go over what your options are and how you can best utilize the HSA.
Join the Facebook group today!
Subscribe to my YouTube channel to stay up to date my latest videos here:
#SavingMoney #Budget #RachelCruze
health care wah-wah-wah it's like the endless black hole of questions but this video hopefully I can make one part of it a little easier for you are you guys let's just get down to the fun of health insurance okay here's the deal a lot of people really can only afford the high deductible plans that health care providers offer which means you're paying a lot and out-of-pocket expenses when you go to the doctor but there's hope HSAs and you're thinking and what does she just say okay HSA is I'm sure you've heard this term a lot though is a health savings account and HSA is not in place of your high deductible plan it goes with it so what you do is you pay out of your HSA like a checking account to pay for your co-pays and different things when you go to the doctor because what's great about this is again you put it in and it grows tax-free and you can use money above and beyond that for retirement and some employers actually will help match some money you put into the HSA which is another great benefit and also you can use this as another retirement vehicle because your big options with retirement or 401ks and IRAs or Roth IRAs but this actually keeps growing tax-free which means at the age of 65 you can take the money out of that again tax-free and do whatever you want with it what dentist office no way I'm gonna buy a boat you know you can just do whatever you want it's pretty amazing so you can actually use it for medical expenses which is what it's really there for and it's a great option there or you can leave some money in it and use it as another retirement vehicle so HSAs health savings accounts great option for you and if you're curious what's everyone else doing to manage healthcare costs you can actually join my facebook group there's like thousands of y'all it's amazing shout out to my facebook ladies it's kind of like groan on its own I haven't made it a thing but now I kind of wanted to be a thing so I'm having so much fun with it so go and join it and we can chat about health care another really exactly things hey you guys thanks so much for watching this video make sure to click that subscribe button lots of fun more videos coming your way