Because FSAs operate on a “use it or lose it” principle, any amount that has not been spent by the end of the year is lost. Using FSA benefits for your orthodontic treatment can immensely help you pay off your remaining balance or just start your treatment!
What is an FSA?
Did you know any medical expenses considered deductible by the IRS that has not been reimbursed through insurance can be reimbursed through a flexible spending account? That includes orthodontic treatments like braces and MyClearALIGN! clear aligner therapy. An FSA is an account you can put money into specifically to cover any out-of-pocket healthcare expenses that may arise throughout the year.
You do not pay taxes on the money you deposit into your flex spending account. This means you’ll save the same amount as the taxes you would have paid on the money you set aside.
FSA and Orthodontic Treatment
Orthodontic care differs from other medical and dental procedures that require the actual service to be performed and paid for within the benefit period. While some patients will pay for their orthodontic treatment in full, others may make regular monthly payments.
An FSA will generally allow reimbursement for prepaid orthodontic expenses up to the chosen amount as long as the payment was made within the benefit period.
It’s not too late to take advantage of any available funds you have, whether you already have an active payment plan with our office or are simply thinking about starting orthodontic treatment for yourself or a family member!
Treatment Options for your Smile
At MyOrthodontist, we’ll always consider your lifestyle and personal goals when creating your treatment plan. In most cases, patients can choose what type of treatment they want to use to straighten their smile. We’re proud to offer the following treatments:
MyClearALIGN! is an innovative, patent-pending, invisible clear aligner solution consisting of a series of clear trays that go over your teeth and move them gently and discreetly to improve your smile. Invisible braces from home. No excessive attachments or unnecessary refinements, as you may be treated remotely using a dental monitoring scan box under the care of a licensed orthodontist.
Traditional metal braces are the most common type of braces. And with advances in dental technology, metal braces are more comfortable than ever. Made from high-grade stainless steel, metal braces are durable and effective. Braces can correct crooked and crowded teeth, misaligned bite, and jaw problems. Braces also eliminate problems with eating, speaking properly, or keeping your teeth clean. With advancements in dental technology, traditional braces are now sleeker, smaller, and more comfortable.
Clear or Ceramic Braces Since they are made of clear materials, ceramic braces are less visible on your teeth than metal braces. For this reason, ceramic braces are used mainly on older teenagers and adults with cosmetic concerns. While they are visually less prominent, they do require more attention to oral hygiene, as ceramic braces are larger and more brittle than their metal counterparts. For these reasons, ceramic braces tend to be used more on upper front teeth than on lower teeth. The brackets of braces are glued to the surfaces of the patient’s teeth. Brackets can be made of stainless steel, ceramic, or other materials. An archwire controls the movement of the teeth and connects the brackets and the bands.
Using FSA Benefits For Your Orthodontic Treatment
The MyOrthodontist team is here to help you achieve the incredible smile you’ve always dreamed of using your FSA benefits. Our team is always happy to answer any questions you may have regarding your current or upcoming treatment, so don’t hesitate to reach out. Using FSA benefits for your orthodontic treatment is the perfect way to end your year smiling. MyOrthodontist is here to help you get the smile you deserve. Schedule an appointment online today.