Dentistry Dollars: Navigating Economic Strategies in Dental

 

The state of our economy is no secret, and it is affecting every industry, especially dentistry.

Dental health is a crucial aspect of overall well-being, yet the cost of dental care can be a significant burden for many individuals and families.

Lowering Overall Healthcare Costs

It has been shown that improved oral health has important economic benefits and can ultimately lead to healthcare cost savings among various populations and lower emergency room spending.

But how?

Because oral health promotes people’s ability to eat, speak, breathe, express emotion, and live a full life, it is also linked with health conditions that extend well beyond the mouth.

Here are the facts:

The World Economic Forum’s May 2024 whitepaper shows that in the United States (US), individuals with heart disease saved $548 to $675 per year of healthcare spending when they went for routine preventive oral healthcare. Among people with diabetes, the savings ranged from $90020 to $2,840,21, and patients with multiple chronic conditions saved even more.

But how are you encouraging patients to get the care they need? It all starts with providing the right coverage options and delivering the care your patients need.

Economic Benefits for You and Your Patients

Now, you may be wondering how you can lessen the burden for patients and their families in this economy.

With a dental membership plan solution, you can offer a practical and economical alternative to traditional dental insurance, providing accessible and affordable dental care.

What is a Dental Membership Plan?

Dental membership plans are subscription-based programs offered directly by dental practices.

With a platform such as Kleer and Membersy, practices can set monthly or annual fees, and members receive various dental services, often including routine cleanings, exams, X-rays, and discounts on other treatments.

Unlike traditional insurance, these plans are straightforward, with no hidden fees or complex paperwork. Your practice can experience benefits such as:

1. Lower Overall Costs

Dental membership plans generally have lower overall costs compared to traditional insurance. With traditional dental insurance, your patients pay monthly premiums, copays, and sometimes hefty deductibles before any coverage kicks in.

In contrast, dental membership plans often provide comprehensive preventive care and significant discounts on other services for a single, predictable fee.

This transparency helps with budgeting and prevents unexpected expenses that are common with insurance plans, giving your practice the upper hand over your competitors by having a coverage option that works for all.

2. Emphasis on Preventive Care

Preventive care is at the foundation of dental membership plans. Regular cleanings, exams, and early detection of dental issues help prevent more serious and expensive problems down the line.

By prioritizing preventive care in your dental membership plan, your patients can reduce their likelihood of costly emergency treatments and complex procedures, resulting in long-term savings, bringing your patients back through the door on a more regular basis.

3. Discounts on Additional Treatments

In addition to preventive care, dental membership plans often offer substantial discounts on other treatments, such as fillings, crowns, and orthodontics.

These discounts can make necessary treatments more affordable, helping your patients save money on both routine and more extensive dental care – making them more loyal to your practice and increasing their case acceptance.

4. Accessibility for Uninsured Individuals

For individuals without dental insurance, dental membership plans provide a cost-effective way to receive regular dental care.

The affordability and accessibility of these plans can help uninsured individuals avoid the high out-of-pocket costs associated with paying for dental services individually, making it easier to maintain good oral health. Increasing your coverage options for your patients ultimately leads to more opportunity within your area.

The Right Dental Membership Plan for Your Practice

When considering a dental membership plan, evaluate the following factors to ensure it meets your economic needs:

• Monthly or Annual Fee: Compare the membership fee with your anticipated dental expenses to ensure it’s a cost-effective choice.
• Services Included: Look for plans that include comprehensive preventive care and substantial discounts on additional treatments and that are customizable to your patient base.
• Flexibility: Ensure the plan offers flexibility in terms of payment options and services covered to meet the needs of your practice.

Take the Next Step

By offering lower overall costs, transparent pricing, and an emphasis on preventive care, these plans help your patients save money while maintaining optimal oral health.

If you’re looking for a cost-effective alternative to traditional dental insurance, consider a Kleer and Membersy dental membership plan.

The only all-in-one dental membership plan platform that delivers a customizable plan for your patients and automated features for your staff—making the process of introducing a membership plan to your patients and staff seamless, so you can focus on what matters.

Schedule Your Free Consultation Today

 

About the Author

Stacey Palek

As the Content Marketing Strategist at Kleer and Membersy, Stacey brings over 7 years of expertise in B2B and healthcare content creation.

Harnessing her experience, she works to craft actionable resources for dental teams to help fuel their growth.