Dental insurance is such a mixed bag. It can make patients more likely to seek treatment. dental insurance can bring new patients into a practice, and it’s the core of many dental practices.
Unfortunately, it can also lead not just to headaches, but also to lost income. Dentists know the fault lies not with the patients, but with the dental plans and insurance companies.
“Taking dental insurance allowances is a recipe for financial failure. Just look at the numbers,” said a Pennsylvania dentist.
This survey by The Wealthy Dentist asked doctors what percentage of their dental patients use dental insurance.
Jim Du Molin and Julie Frey discuss the dental practice management issues surrounding accepting dental insurance:
Of dentists responding to this survey, two out of five said that at least 70% of their patients have dental coverage.
“We will file for all our patients but are not in network with any insurance companies. I see about 50% of patients with insurance,” said a general dentist.
“We are not a preferred provider for anyone, but we accept any insurance that allows out-of-network dentists. We do charge the patient the difference between our fees and what the insurance pays,” said a Texas dentist.
What percentage of your patients still carry dental insurance?