We kinda do the same thing with a lot of things. Now retired, the company dental and vision went away. Looked into insurance getting quotes from multi agents, then did the math. If we put XX dollars a month into a savings account, and talking to the dentist/optometrist, we are money ahead using the savings route vs the insurance. All deductions for the accounts taken out before it hits our checking account.
In the 7 years since I retired, my dental savings can pay for any procedure out there and it's still my money. Same with the vision. Wife started the same program three years later and she is money ahead as well.
That is not advice for everyone. We considered our past dental and vision history which has always been mainly cleanings and x-rays for dental with frames and lenses for vision. We found when using the cash route in those offices, they tend to not try and upsell you on other products that may be covered by insurance.
If one has a past history of bad dental or major vision issues, insurance is certainly the way to go.
There may be an envelope account out there though for "other" items. Don't tell anybody.
In the 7 years since I retired, my dental savings can pay for any procedure out there and it's still my money. Same with the vision. Wife started the same program three years later and she is money ahead as well.
That is not advice for everyone. We considered our past dental and vision history which has always been mainly cleanings and x-rays for dental with frames and lenses for vision. We found when using the cash route in those offices, they tend to not try and upsell you on other products that may be covered by insurance.
If one has a past history of bad dental or major vision issues, insurance is certainly the way to go.
There may be an envelope account out there though for "other" items. Don't tell anybody.
