Dental insurance was created in 1961 to help pay for dental treatment. The limit in 1961 was $1,000. Let's put things in perspective for the year 1961: A nice house cost $14,000-$15,000; a car cost $3,500 and $1,000 bought more than 8 crowns. Almost 48 years later...yes you read that correctly... A house is $200,000, a car cost $30,000 and the limit on MOST dental insurance policies is STILL $1,000 which as many of you know, pays for less than ONE CROWN.
If dental insurance had kept pace with inflation and patient needs, the maximum benefit would be $8,500.
Interesting isn't it?
Dr. B