A Pathway to Funding Your Dental Care
For patients requiring extensive dental work, such as All-Teeth-On-Implants, the compassionate release of superannuation can be a viable funding pathway. To ensure this complex process is managed correctly and ethically, Cosmetique Dental™ has partnered with Access My Super, a specialised service that handles the entire application on your behalf. Our role is to provide the detailed treatment plan; their role is to manage your application with the ATO.
What Is Compassionate Release of Superannuation?
The Australian government allows for the early release of superannuation funds on compassionate grounds to help pay for essential medical and dental treatments that are not readily available through the public system. This option is designed for patients who do not have other means of funding necessary procedures to alleviate acute or chronic pain or to treat serious conditions.
This process is managed externally and approval is granted by the ATO, not by our clinic. Our role is to provide the comprehensive treatment plans and clinical documentation required to support your application to the ATO and your superannuation fund.
Who May Be Eligible to Apply?
This pathway is generally for patients who require extensive and costly dental treatments and do not have the financial means to cover the costs otherwise. The ATO assesses each case based on strict criteria, focusing on the medical or dental necessity of the proposed treatment.
This Pathway May Be an Option for Patients Requiring:
- All-Teeth-On-Implants or full mouth implants.
- Multiple dental implants.
- Extensive restorative work involving crowns or bridges.
- Complex surgical procedures.
- Treatment to alleviate chronic dental pain or a serious oral health condition.
The Application Process: A Step-by-Step Guide
To make the process as streamlined as possible for you, we work exclusively with Access My Super to coordinate all applications. They are experts in this field and will guide you through every step.
- Your Consultation at Cosmetique Dental™
Your journey begins at our clinic. We will conduct a full assessment and provide you with the comprehensive treatment plan and quote required for the application. - Referral to Access My Super
We will then refer you to our dedicated partners at Access My Super. They will take over the management of your application from this point forward. - Application Management
The Access My Super team will work with you to gather all necessary documentation, including reports from our dentist and your GP, and will submit the completed application to the ATO on your behalf. - ATO Approval and Fund Release
Access My Super will liaise with the ATO and your superannuation fund throughout the process. Once approved, they will manage the final steps to ensure the funds are released for your dental treatment.
FAQs About Accessing Superannuation
Does Cosmetique Dental™ approve the early release?
No, it is important to understand that Cosmetique Dental™ has no role in the approval process. The decision to grant a compassionate release of superannuation is made solely by the Australian Taxation Office (ATO), based on their specific eligibility criteria.
Our role is strictly to provide the necessary, detailed clinical documentation about the treatment you require to support your application. We can provide the required treatment plans and reports, but we cannot influence the ATO’s decision.
How long does the application process take?
The timeline for an early release of superannuation application can vary. Once you have gathered all the necessary documentation, including reports from both your dentist and a GP/specialist, the ATO typically takes several weeks to assess the application. If approved, it may then take a further few weeks for your superannuation fund to process the payment.
Because this process takes time, it is important to begin as early as possible, especially if your dental needs are pressing. Using a specialised service can sometimes help to streamline the process by ensuring your application is complete and correct upon submission.
Are there any fees involved in this process?
Yes. While Cosmetique Dental™ provides your initial treatment plan, Access My Super charges a service fee for managing your entire application. This fee is typically paid directly from the superannuation funds once they are successfully released, so you are generally not required to pay anything upfront.
The team at Access My Super will provide you with a clear breakdown of their service fee before you begin. It is also important to remember that released funds may be subject to tax, and we recommend seeking independent financial advice.
Let's Discuss Your Treatment Plan
If you require extensive dental work, the first step is a clear plan.
Book a complimentary consultation at Cosmetique Dental™ to receive a comprehensive assessment and quote, which you can then use to explore all your funding options.
