Approximately 60% of Americans are not covered by traditional dental insurance. That number continues to rise with the retirement rate and the number of employers opting out of dental coverage due to increased costs. According to the 2017 Employer Health Benefits Survey Report, only 53% of U.S. companies offer any health care benefits and only 68% of those offer dental benefits. There has been a long-term decline in employer-provided dental coverage, particularly in smaller companies who are spending more than ever before providing medical benefits.This trend has also caused insurance carriers to get creative, so they may continue to pad their pockets. Over the last several years, insurance carriers have joined forces to strong-arm more providers to be in network at extremely low rates of reimbursement through thousands of leasing arrangements. In addition to that, they are increasing premiums, reducing benefits and keeping more of your money than ever before.
I’m sure you’ve noticed that patients without insurance are less likely to see a dentist, this includes those loyal patients who’ve recently lost benefits. Appointments are postponed and months turn into years until there is a major (most often painful) issue. When asked why preventative care was missed the overwhelming majority of patients reported financial constraints.
Thousands of practices are offering an affordable option that promotes oral health and leaves their patients feeling ‘covered’.
An Independent In-Office Savings Plan eliminates insurance hassles while providing all the benefits needed. It allows your patients to prepay for their routine dental care in exchange for exclusive savings. The best part… As a provider, you increase revenue by adding loyal patients, promoting higher treatment acceptance and collecting payment at the time of service.
Don’t be fooled by cookie-cutter DISCOUNT plans, that limit patients, force you to accept lower fees and decide what you’re offering. That’s exactly what you have with current insurance participation. It’s time for a change, it’s time to take control again and reduce your dependency on insurance participation. The patient benefits, your practice benefits…. How? Because the largest piece of the pie is no longer going to the industry giants, it’s staying with you and the patient!
To find out more information about In-Office Savings Plans, and how they can benefit your practice, click the following link to schedule a no-obligation consultation, https://planprodemo.youcanbook.me/. Our professional team will be able to answer all your questions and help you determine if an In-Office Savings Plan is a good fit for your practice.
