If my dental insurance has 100% coinsurance on preventative and basic care, 70% coinsurance on major care, a deductible of $50, and a maximum payout of $2000, does that mean I can only spend the insurance $ on major services and pay out of pocket for everything else?
Yeah, about the only benefit you’re getting here is the insurer’s negotiated discount with dentists.
Even with “good” dental insurance all you get is your $2000 that you pay in is exactly what they pay out. It’s tax free and sometimes there is a negotiated discount.