What is to 'Capitalize'. Capitalize is an accounting method used to delay the recognition of expenses by recording the expense as a long-term asset. In general, capitalizing expenses is beneficial as companies acquiring new assets with a long-term lifespan can spread out the cost.
For orthodontics, most, if not all plans have a lifetime maximum amount that the carrier will pay for treatment. This is typically anywhere from $750 to $4000 and the patient is responsible for the remainder of the orthodontic cost.
At what age should you commence using foot orthotics? Foot orthotics may be used in children as young as three years of age, however, this is rarely necessary. Most children have relatively flat feet as a normal variant and should develop a normal arch by the age of seven. Children should be assessed as early as possible to ensure normal development occurs.