Vanishing Deductible
Our vanishing deductible dental plan provision is another great way to save money while maintaining a healthier lifestyle by encouraging you to preserve the coverage you need.
How It Works:
Each member on your policy has a deductible associated with their plan. Each year, when someone on the policy has a Diagnostic & Preventive service performed, their deductible for the following year will be reduced by $25. The deductible can eventually be reduced to $0 if they continue to see their dentist each year!
Example:
Toni, her husband, and two kids have a Renaissance dental plan with vanishing deductible. Their plan has a $50 deductible per family member the first year. Everyone in the family has a Diagnostic & Preventive service the first year, so their deductible is reduced to $25 for each family member in the second year!
Year 1 Deductible |
Year 2 Deductible |
|
Employee |
$50 |
$25 |
Spouse |
$50 |
$25 |
Child One |
$50 |
$25 |
Child Two |
$50 |
$25 |
In the 2nd year of coverage, Toni’s husband is the only person who does not have a Diagnostic & Preventive service. Toni and her kids will have a $0 deductible for the third year! Her husband will have his deductible reset to $50 because he did not have a Diagnostic & Preventive service the previous year.
Year 2 Deductible |
Year 3 Deductible |
|
Employee |
$25 |
$0 |
Spouse |
$25 |
$50 |
Child One |
$25 |
$0 |
Child Two |
$25 |
$0 |
¹Renaissance internal data.
Note: Products and services not available in all states and jurisdictions. Contact your Renaissance representative for more details.