You may already know that you can apply for early release of your superannuation under certain conditions. These include compassionate needs or when in times of severe financial hardship. But did you know that you can also use it to assist with costly dental treatment?
Known as dental superannuation, it gives you the means to pay for many of those much-needed but costly treatments that you or your family require.
Let’s face it, many dental treatments are expensive here in Australia and it’s estimated that as many as 2 million Australians avoid visiting the dentist each and every year due to the costs involved. Yet, funding assistance using your superannuation has been in existence for many years, it’s just that not many people know about it.
As a caring and conscientious dental practice, the team at Infinity Dental Care feel that it’s important to bring it to your attention so that you can get the oral care you need, when you need it most.
We’ll work closely with you to help you to use your superannuation in order to alleviate much of the anxiety and stress associated with undergoing many costly treatments. So if you feel that your oral health is starting to affect other aspects of your life, then come and talk to the team about just how dental superannuation can help.
You may be surprised to learn that you can access your superannuation for a wide range of treatments and services. These include:
Orthodontic devices such as teeth braces and aligners can do a lot more than straighten a smile for cosmetic purposes. They can also be used in corrective procedures for health reasons such as a badly misaligned bite. If you or a close family member have bite issues and are suffering from problems like constant tension headaches, neck or jaw pain, then you could be entitled to early release of your superannuation.
While dental implants are the gold standard of missing teeth replacement, they are often seen as the best cosmetic choice by many people. However, there are also occasions when a dental implant is the best or preferred option. This could be when teeth have been knocked out as the result of an accident or a blow to the face, or surgically removed due to health reasons. When any of these factors occur, then your superannuation may be used to cover the cost of an implant-based restoration.
Factors such as dental check-ups and cleaning, fillings, gum disease treatment, denture fitting, and teeth extraction including wisdom teeth can all be covered using dental superannuation, depending upon the circumstances.
Otherwise known as endodontic therapy or root canal treatment, undergoing a ‘root canal’ can be pretty costly. That said, in some circumstances, the costs involved with such a treatment can be covered by your superannuation.
When a patient suffers from oral defects due to disease or injury, treatment will often warrant the expertise and the skills of a specialist maxillofacial surgeon. Understandably this type of treatment – although much needed – can be incredibly expensive. In many cases, a patient might be able to cover the cost under the terms of their dental superannuation.
Finally, there are times when crowns or other restorations are needed in order to complete a treatment or to restore parity. This could be to protect a tooth after undergoing root canal treatment, or when multiple teeth have been knocked out and a denture is fitted. This is yet another necessary cost that the patient will need to bear. Fortunately, in particular cases, access to your superannuation for dental means can be used to alleviate that cost.
As you can see, there are many different scenarios whereby you can get the treatment you need by gaining access to early release of your superannuation fund. But what does the process entail?
The first thing you’ll want to know when considering the early release of your superannuation for dental treatment is whether you’re eligible or not.
First of all, it’s important to note that all Australians have the right to apply for the release of superannuation for dental work. This is usually on compassionate grounds and can be used to pay for your dental treatment or that of your family.
If you are considering using dental superannuation to fund dental treatment then you should come and talk to the team at Infinity Dental Care. We have access to a team of superannuation providers who specialise in assisting people with the early release of their superannuation fund. They will take care of the application and lodging process for you and are trained to be discreet. They won’t bombard you with unnecessary questions, only those that are directly needed to understand your financial situation.
The application is quick and easy, and applicants should hear whether they’ve been successful within 14 days. In the meantime, the team will keep you informed and are happy to answer any questions or concerns you have about the dental superannuation process.
Remaining in the best oral health is essential for everyday living and self-esteem. This includes disease prevention such as strokes, diabetes, dementia and heart disease. At Infinity Dental Care we recognise the importance of a healthy smile and as a result, want to make quality dental care affordable to all. For this reason, come and talk to us about accessing superannuation for dental work and we can point you in the right direction. For further advice, call us on (02) 9159 6237.
No! There are no restrictions on how much you can withdraw. You can withdraw as much or as little as you like to cover the cost of treatment.
Yes. If you don’t have sufficient superannuation to cover the cost of treatment personally, you can utilise any outstanding superannuation of your spouse, partner or any other dependents as you see fit.
Again, yes! It is possible to use your superannuation to pay for the treatment of a spouse, partner or dependant.