The Boost Dental Savings Plan gives patients a complete choice of how they use their plan funds!
With the Boost Dental Savings Plan, you can get all the dental care you need without the restrictions or additional costs of traditional dental membership plans or dental insurance!
Boost Dental was conceived as a dental benefit and savings plan, unlike any current plan in the dental marketplace. It may be selected as an optional replacement to a traditional dental indemnity insurance plan or used as an adjunct to such plans.
It has ZERO profit motive on your paid premiums, gives each subscriber a 20% added “boost dollar credit” on every subscriber premium dollar paid into the plan, and only collects a very low annual membership fee to support our participating dentist network and provide subscribers important reliable information and membership cards each year.
PLUS, if you have unused premium dollars you paid in the plan and would like an end-of-year refund, put in an end-of-year written request with your dentist, and it’s yours!
Boost Dental is structured so that every “investment premium” dollar paid into the plan by a patient subscriber is 100% utilized toward care (unlike traditional dental insurances), with no procedure limits, time rules, exclusion clauses, claim denials or deductibles.
There is NO profit motive on your hard-earned premiums paid. It not only qualifies for even cosmetic procedures, it is 100% transferable to another family member, may roll over 100% every year indefinitely, and if elected, your unused investment premiums are fully refundable at the end of any given year. It is truly a win/win plan.
Boost Dental “Investment Premiums” are “boosted’ 20% by your participating dentist toward your dental care each and every month. They are called “Boost Dollars” and good toward any dental care. Investment premiums are paid into the plan via ACH auto-payment directly to your participating dentist office, through your choice of a major credit card, debit card, or bank account transfer at the beginning of every month. This is identical to how gym memberships are paid.
A properly completed and signed ACH authorization form must be completed. Card or bank account numbers are always maintained using high security 128 bit encryption.
An email receipt of your paid investment premium will be supplied, so you may always have a record of premiums paid PLUS the eligible 20% Boost Dollar benefit provided by your dentist office. Should any questions arise, call your participating dentist office anytime.
Put $100 a month into the plan, your credit toward any dental care procedure instantly becomes $120.00 every month. Your $1200 paid in investment premiums in a year would result in a total credit of $1440.00. No limits apply to a selected investment premium or Boost dollars provided by your participating dentist.
Boost Dental Benefit & Savings Plan also has a once per calendar year lump sum payment option toward an accepted and signed treatment plan and receives the same 20% boost of every dollar placed into the plan. This feature allows for the unexpected higher expense or larger treatment plan. Such lump sum must be paid into the plan at least seven days prior to the start of a signed treatment plan and at least two months of investment premiums have been paid into the plan.
**Lump sum payments into the plan must be a whole number amount, rounded to the nearest $100.00.
Patient breaks a tooth unexpectedly and needs a dental implant. Boost Dental allows a subscriber to make a one-time per calendar year larger lump sum payment into the plan, to gain the added 20% “Boost Dollars” toward that dental implant treatment plan.
If the patient subscriber put in a $3000 lump sum toward a signed dental implant treatment plan, the dentist office will provide an additional $600.00 “boost” on this lump sum payment toward care. Total credit toward care would now be $3600.00
Why would I choose Boost Dental over more traditional dental insurance plans?
Boost Dental has been designed to assure that 100% of your premium investment dollars are used toward actual dental care, or it may be refunded to you. Try getting that from traditional large insurance companies. Traditional insurance plans often have strict dollar limits that have barely changed since 1980 and have not kept up with simple inflation over time. Notice how often you still have to pay with these plans on top of the premiums already paid?
Traditional indemnity-typed dental insurance plans have extensive pages of rules, limits, exclusions, deductibles, time limitations, % limits on certain procedures, claim denials, and a myriad of other “fine print” designed to keep as much of your premium dollars as possible. This fine print is normally called “utilization review guidelines” and can exceed 100 pages which many patients never see or fully understand.
Many dental procedures, including all cosmetic dental procedures, are EXCLUDED from coverage and once your annual dollar limit has been hit, fees paid revert to normal dentist office fees. Boost Dental has no such “utilization review guidelines” and covers every procedure, every day, anytime.
What about Medicare Advantage Plans?
Medicare Advantage plans are just a form of private dental benefit plan administered through large companies to generate a profit similar in function to traditional dental insurance plans. They often include even greater limits on what they cover, when they cover, and how much benefit is allowed for the premium dollars paid into these plans. Once exhausted, these plans revert to normal dentist office fees.
How do premiums paid for traditional dental insurance and investment premiums paid into a Boost Dental Savings Plan differ?
Premiums paid for traditional insurance plans are put toward a plan that generally has extensive pages of limits, rules, and exclusions to severely limit your benefits and claims may often be outright denied based on the plan's policy guidelines. So basically, the company that takes your money designs the payment policies for your plan with all its limits and rules plus your premiums are not refundable.
With Boost Dental, we want you to use every single dollar toward your dental care and use your 20% Boost dollars to lower your costs every single day and on every single procedure. If you did not use your premiums toward needed or elected care, roll them over, transfer them to a family member, or request a full or partial refund (by November 30 of each year) of unused premium investment dollars placed into the plan. Your unused premium dollars are fully refundable and not kept by some company.
It's win/win/win.
Can I tax deduct investment premiums I pay into the plan?
While it is highly advised you discuss this with your accountant, premiums dollars paid into the plan and used toward actual dental care would likely be considered a medical expense deduction subject to normal IRS rules. Monies that were unused and refunded, of course, would not be considered a tax-deductible expense.
What is the cost of membership?
Individual Boost Dental plans only cost $49.95 a year, with family membership costing $59.95 a year and covering up to two spouses and all children residing at the same home address.
When does my Boost Dental Savings Plan membership renew?
All Boost Dental memberships renew at the same, on January 2nd of each year, no matter when the plan was started. Membership fees are not pro-rated, if the plan was started later in the year.
How are my Boost Dental Monthly investment premiums set?
You may pick ANY dollar amount you wish to place within the plan at your selected dentist's office. Your dentist's office will provide you an added 20% boost dollar amount on any amounts you place into the plan each month, for use against any service, any day, any time, without limits. No deductibles, no rules, no exclusions, no claim denials, and no hassles.
Use your investment premiums plus your “Boost dollars” toward your optimal care, transfer them to another in need, roll them over to save up for a larger need or desire in the future, or simply request a refund of unused investment premiums you paid into the plan. If refunded, any Boost dollars provided on those monies will be forfeited at your dentist's office of choice.
What are the dentist fees that apply when using Boost Dental?
Dentist fees are set by the dentist office of your choice, and there is a strict signed agreement with Boost Dental that once fees are set for the calendar year, they will not change, alter, or be manipulated in any way to reduce the effectiveness or benefit of your plan in making quality dentistry more affordable.
Can I use Boost Dental investment premiums and my Boost Dollars toward my insurance co-pays?
Yes, you may use your investment premiums dollars and your bonus “Boost Dollars” toward dental insurance co-pays, IF the dental plan has not already commanded and taken a large fee discount from the participating dentist. Boost Dental is primarily designed to offer savings over a broad range of services, especially for those dental services that are little or not covered by traditional plans. It is not designed as a form of “double discount” on top of already discounted fee insurance plans.
How are my investment premiums and my bonus “boost Dollars” used to pay for my dental care?
Boost Dental monies are used to pay toward any dental services and will be credited toward payment of these services using an 80/20 method approach. This approach is used to avoid a situation where Boost Dollars are used first, and then a patient elects to receive a refund of premiums that had already served as the basis for the Boost dollars given by the dentist's office.
Example: You get a white composite filling on a back molar tooth. The dentist's charge is $250. Investment premiums dollars are used to cover the first 80% of the cost ($200) and Boost Dollars in your account are used for the remaining 20% of the cost ($50.00), for a total payment for services provided by the dentist's office. Remember, for every dollar you put into the plan, the dentist's office is providing you an ADDED 20% BOOST on that money, or 20% “dental interest” on your monies. Use them freely or transfer them to another person. If you want a refund of unused premiums, request it in writing before November 30 and you may receive it. Of course, the Boost dollars that were given to you by your dentist on those monies when first deposited will now be lost and “adjusted off” your account.
What if my mother, father, or other family member needs help? Can I help cover the cost of dental care with my Boost Dental premiums plus my “Boost dollars” to help them pay for care?
YES! As long as the person you wish to help has an active Boost Dental membership and is treated at the same dental practice you choose for your care, you may transfer any unused investment premiums and your Boost dental dollars to them toward the cost of their care. Try getting that that bonus feature in any other dental plan.
How safe are the investment premiums I put into the plan?
Dentist offices routinely for years have used in-house type dental plans in the past and often receive advance deposit funds from patients toward treatment, thus producing very routine “account credits” on patient accounts. Your investment premiums provided will serve as “account credits’ and are fully refundable. You will also receive your bonus 20% Boost Dollars credit from your dentist's office on your account as investment premiums are received. “Boost Dollars” have NO cash or refundable value, since they are given by your dentist in the form of savings toward your dental care. Legally, your dentist will be responsible for refunding any investment premium monies you paid into the plan that are unused and have been requested in writing to be refunded. Boost Dollars have NO CASH OR REFUND VALUE and serve as credits only toward actual dental care at your participating dentist's office.