I'm self-employed as well, but I pay out of pocket for dental, as I've been advised that it's not really worth the money. Maybe with kids, it might be a different story.
My personal insurance broker has sent me some documents in the past regarding Manulife Flex Care. I'm not sure if it's the same as the online quotes, so I've attached images below. I also have the Guide to FlexCare if that's something you wanted to look at.
Below is taken from an email between my broker and me:
Quote:
In the "Guide" file, you can look under the Table of Contents to find the corresponding pages for two plans: (1) DentalPlus Basic, and (2) DentalPlus Enhanced. Obviously, the Enhanced plan covers more but with higher monthly premiums.
In the "Monthly Premiums" file, you can see that for age < 45, the monthly premium for:
- DentalPlus Basic: $76.90 ($922.80/year)
- DentalPlus Enhanced: $114.10 ($1,369.20/year)
Let's use the Enhanced plan as an example. In the "Guide" file, you can see that they cover 70% of eligible services when you spend up to $1,200, which is$$840$maximum in the first year of your plan. Major dental work cannot be done until the second or third year so you won't gain anything there in your first year. So obviously, if you only rely on using the plan for dental work, you would be$short$($1,369.20 - $840) =$$529.20. Unless you make use of the other coverages which are attached to the plan such as travel insurance, vision care, chiropractor, etc., it would not make much sense for you to get the plan.
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Hope that kind of helps. I would recommend speaking to an insurance broker after doing your own research.
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