Here are 15 fast facts to know about dental insurance in 2024:
1. About 65% of adults currently have dental insurance, representing a five-year high.
2. Twenty-two percent of adults indicated in a new Delta Dental report that out-of-pocket costs are a top barrier for seeking unexpected care, compared to 17% of adults in 2023.
3. Eighty-three percent of adults who visited the dentist in 2023 had dental coverage.
4. About 20.3 million people have been disenrolled from Medicaid as of April 19.
5. At least six states have increased reimbursement rates for dental services since 2021.
6. The global dental insurance market is projected to reach $198.08 billion by the end of 2024, growing from $182.68 billion in 2023.
7. Sixty-five percent of dental patients at private dental practices are covered by private insurance, compared to 20% of patients at dental school clinics.
8. Dental societies in nine states have introduced legislation in 2024 to implement a dental loss ratio.
9. USA Today named its top six dental insurance plans for 2024, listing Anthem Essential Choice PPO Platinum as its top choice.
10. Fifty-eight percent of consumers believe that dental insurance is not affordable, and 75 percent of those without insurance feel it is too expensive.
11. Twenty-one percent of dental practices have billed medical insurance to cover dental procedures for their patients.
12. Ninety percent of Americans who have visited a dental professional in the last year reported being satisfied with their insurance.
13. The Medicaid fee-for-service reimbursement for child and adult dental care services as a percentage of dentist charges is the highest in Delaware.
14. Twenty-six percent of dental practices have an in-office dental plan.
15. Thirty-four states currently have extensive Medicaid dental coverage.