Dental insurance is broadly divided into two types based on restrictions for physicians that can be sought, payment method to physicians, etc. these two types are: Fee for service plan and Managed care plan. These types of plans are more or less similar to general health insurance.

Fee for service plan: In fee for service plan beneficiary is supposed to pay for services he has taken every time he / she takes those services. The beneficiary can choose any of doctors or health care providers by himself and then submit claim to insurance company. This is further subdivided into reimbursement plans and indemnity plans. In former, you will claim for bills incurred while having services from dental health care provider. This claim will be reimbursed irrespective of type of services sought. In latter, you will be reimbursed based on based on set amount that insurance company gives for specific service. In both of cases it is you who is going to decide who should your doctor be.

1. Watch out for interest rates. Some companies have higher interest rates than others. Choose company with best interest rate for you (usually lowest, but not always). Be careful of special promotions that have hidden fees. Don’t get sucked in by an extremely low interest rate. Be sure you know everything involved with that interest rate. Be sure to check things out and understand terms of interest. If you do this, you will have a much better chance of getting a nice interest rate that you and your family are comfortable with.

2. Be sure to know all of fees. Some mortgage companies have hidden fees, or they tack on additional costs. Don’t get stuck paying extremely large fees. Once again, companies will try to hide behind low interest rates, but then they will stick you with several large fees. Don’t fall for it!