“Dual coverage” refers to when a patient’s dental treatment is covered by more than one dental benefits plan.
“Coordination of benefits” is the process insurance companies follow to ensure that the combined benefits from all group dental plans do not exceed 100 percent of the dentist’s fee.
How does having two insurance plans work?
The primary plan pays its share of the costs first, and then the secondary insurer pays up to 100% of the total cost of care, as long as it’s covered under the plans. Well, having two health insurance plans also means that you’ll likely need to pay two premiums and deal with deductibles for two health plans.
What is a dual insurance plan?
An employee can be covered by two different insurance plans at the same time. This is called dual coverage. When an employee has dual coverage, one plan will be designated as the primary plan, the other as the secondary plan.
Is it worth having two health insurances?
Not exactly, but having two or more health insurance plans does help cover any health insurance expenses better through the coordination of benefits provision. That is true, but many people are covered by two health insurance plans without paying the extra expense.
Can you be covered by two insurance plans?
Read on to learn about primary and secondary insurance. Yes. You can have two health insurance plans! Having two health insurance plans is perfectly legal and many people have two under certain circumstances.