can i use my super for dental implants

Considering using your super for dental implants in Melbourne? Good news. You can now access your superannuation to cover the cost of dental implants and replace missing teeth. Are you waiting to hear even better news? Your expert dentist in Sunshine is here to provide expert care for all your dental implant needs. 

But that’s not the only benefit—did you know you can use your super to fund a variety of dental treatments, not just implants? 

You can apply for an early compassionate release of your Superannuation to cover certain dental treatments. You may be eligible to access a lump sum to pay for out-of-pocket dental expenses, depending on your Super fund. 

Instead of waiting until retirement, you could access your super today. It allows you to achieve the smile you deserve sooner rather than later. All you need to do is use your Super for dental implants. 

Understanding Dental Implants 

Implants are a natural-looking solution for replacing missing teeth. They consist of titanium posts that are surgically placed into the jawbone to serve as artificial tooth roots. These posts offer a stable foundation for replacement teeth, like crowns or dentures. Implants provide functionality and aesthetics similar to like natural teeth. 

The Cost Factor for Your Dental Implants in Melbourne 

The cost of dental implants depends on several factors, including: 

>The number of implants needed. 

>The complexity of the procedure. 

>The location of the dental practice.

Dental care costs can be higher in the cities like Melbourne. So, patients often explore various financing options to manage expenses. 

What is Superannuation, and How Can You Use It for Dental Treatment? 

Superannuation is an Australian program designed to help individuals access financial help for medical and dental care when needed. It offers support for those who need funding for essential dental treatments, benefiting both individuals and families. 

The Australian Taxation Office (ATO) oversees your superannuation Fund. It provides financial support during retirement, however  you may be able to access your Super early to cover medical treatments. 

Superannuation funds are accumulated through contributions made by your employer into an account set up in your name. These contributions are separate from your regular salary or wages. It helps to build savings for your future.  

Superannuation can cover certain dental treatments that some insurance policies may exclude. It primarily applies to procedures that are urgent or critical and may not be covered by the public health system. It allows patients to receive the necessary care without any financial strain. 

Conditions for Early Access to Your Super Fund 

The Australian Taxation Office (ATO) permits early access to Superannuation funds on compassionate grounds for certain medical treatments, including dental care. You must meet certain conditions to access Superannuation funds for dental implants: 

Medical Necessity 

The dental treatment must be deemed necessary to treat a medical condition or improve the patient’s quality of life. This determination requires documentation and certification from a qualified medical or dental professional. 

Lack of Public Health Insurance Coverage 

The treatment must not be available through the public health system. Dental implants are elective procedures, and they are often not covered by standard insurance policies. This condition may justify early Superannuation release under specific circumstances. 

Financial Constraints 

You must prove your inability to afford the treatment without accessing your Superannuation. The conditions may include insufficient savings or your inability to get a loan. 

Application Process for the Early Release of Superannuation 

You will need to submit your application through your MyGov account. You can either complete the form physically or apply online through the Australian Taxation Office (ATO). 

Start by obtaining medical reports that outline a valid reason for early release. The reasons may be severe pain or the need for treatment not covered by the public health system. 

Then, log in to your MyGov account, access the ATO section, and select your reason for applying. You can mention the term ‘the compassionate release of Superannuation’ while applying. 

Benefits of Using Superannuation for Dental Treatment 

Accessing your superannuation for dental treatment can be highly beneficial. It helps in the condition where you don’t have any other options to cover your medical expenses. 

Dealing with pain can be overwhelming. Here are a few reasons why an early release of Superannuation funds could be the right choice: 

    1. You can use the funds to cover treatment for yourself, your spouse, and your children. 
    2. It allows you to receive care at a private dental facility. You can get treatment from highly skilled professionals. 
    3. It helps reduce the risk of accumulating debt or facing unexpected medical bills. 
    4. No need for credit checks to access the funds. 

You can navigate the process thoughtfully. It will help you to make informed decisions about your dental health and financial well-being. 

More on Super Dental Implant Treatment from Your Dentist in Sunshine  

Early release of superannuation remains a practical payment option at our Melbourne dental clinic. You can choose it when your funds are insufficient or unavailable for urgent dental treatments. 

Sunshine Dental Group provides high-quality dental care. It allows you to receive the best treatment to reduce pain and prevent future issues. Whether you need oral surgery, dental implants, or other services, accessing Super makes them attainable. 

You can also use the funds to cover treatments for your family. It gives you the option of covering the full cost or a part of the procedure, depending on your preference. 

For expert guidance on dental implants in Sunshine, contact our dentist for a consultation. You can explore Superannuation options or other financing solutions to prioritise your dental health. We can do all while you relax and enjoy your new, beautiful and healthy smile. If you have any questions about dental implants, contact our team. 

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