Financing Options for Braces
Getting braces is an investment in a healthier, straighter smile, but the cost can be a concern. How can you make orthodontic treatment more affordable? Fortunately, several financing options can help ease the financial burden. Whether through payment plans, dental insurance, or healthcare financing, there are ways to make braces more budget-friendly.
Payment Plans Offered by Orthodontists
One of the most convenient ways to afford braces is through payment plans offered by orthodontists. Many clinics provide flexible financing options that break the total cost into manageable monthly payments.
How Do Orthodontic Payment Plans Work?
🔹 Initial Down Payment – Most plans require a small upfront payment.
🔹 Monthly Installments – The remaining balance is paid over several months or years.
🔹 Low or No Interest – Some orthodontists offer interest-free plans for qualified patients.
Payment plans make braces accessible for families and individuals who prefer not to pay the full cost upfront. Ask your orthodontist about available financing options to find a plan that fits your budget.
Using HSAs and FSAs for Orthodontic Costs
Did you know you can use Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) to cover orthodontic expenses? These accounts allow you to set aside pre-tax money for medical and dental treatments, including braces.
HSA vs. FSA – What’s the Difference?
✔️ HSA: You own the account, and the funds roll over year to year. Great for long-term savings!
✔️ FSA: Employer-provided, but you must use the funds within the plan year (or risk losing them).
By using pre-tax dollars, you can reduce your overall cost of braces and save money in the long run.
Dental Insurance Coverage for Braces
Many people wonder: Does dental insurance cover orthodontic treatment? The answer depends on your plan.
📌 Some dental insurance policies partially cover orthodontic treatments, especially for children under 18.
📌 Coverage is usually a percentage of the total cost, with a lifetime maximum benefit.
📌 Not all plans cover adult orthodontics, so check your policy details before starting treatment.
Before getting braces, contact your insurance provider to confirm how much they will cover and whether you need pre-authorization.
Healthcare Financing Companies (CareCredit and More)
If you need extra help covering the cost of braces, healthcare financing companies like CareCredit offer flexible payment plans.
What is CareCredit?
CareCredit is a medical credit card designed specifically for healthcare expenses, including dental and orthodontic treatments.
How Does CareCredit Work?
✔️ Instant Approval – Apply online and get a decision quickly.
✔️ Flexible Payment Options – Choose short-term, interest-free financing or longer-term, low-interest plans.
✔️ Use for Other Medical Expenses – Covers vision care, cosmetic procedures, and more.
Other financing options similar to CareCredit include LendingClub, GreenSky, and Prosper Healthcare Lending. These companies help patients spread out orthodontic costs over time without paying a large lump sum upfront.
FAQs About Financing Braces
What Is the Best Way to Finance Braces?
The best option depends on your financial situation. Payment plans, insurance, HSAs/FSAs, and healthcare financing are all great ways to make braces more affordable.
Does Dental Insurance Cover Invisalign or Braces?
Some insurance plans cover a portion of orthodontic treatment, but coverage varies. Check your policy for eligibility, limits, and requirements.
Can I Use CareCredit and Dental Insurance Together?
Yes! You can use CareCredit to cover out-of-pocket expenses that insurance doesn’t pay for.
Are There Interest-Free Payment Plans for Braces?
Many orthodontists and CareCredit offer interest-free financing if payments are made within a promotional period.
How Can I Reduce the Cost of Braces?
✔️ Use dental insurance if available
✔️ Pay with HSA/FSA funds
✔️ Enroll in an orthodontist’s payment plan
✔️ Apply for CareCredit or healthcare financing
Start Your Journey to a Straighter Smile
Braces don’t have to be a financial burden. At Invisalign Los Angeles, we offer flexible payment options to help you achieve your dream smile. Call us at +1 (424) 835-5333 today to explore your financing options!