Play by Your Own Rules & Regain Control of Your Practice
I’ll start by asking you a question. If there were a game whose rules you did not make, with game play you have absolutely no control over, and whose outcome is based entirely on the whims of others, and yet you were being asked to stake thousands of dollars on it each and every month, would you play it? No, of course not, and yet, you’re playing this game each and every day you come into work. It’s called accepting dental insurance.
The idea of insurance dates back thousands of years. It’s pretty safe to assume that insurance isn’t going anywhere anytime soon, and yet, when it comes to growing dental practice revenue, it’s still as problematic as ever. Insurance has its uses and benefits, to be sure. But if asked if it’s the best system out there, my guess is that very few would say yes. Let’s face it – the choice between having no system and a subpar system isn’t what you base a successful business on.
But what if relying on insurance companies for much of our business wasn’t the only choice?
A Win-Win Solution
This is why I developed Quality Dental Plan (QDP). I was looking for a plan to allow my own dental practice to thrive without insurance. QDP is an alternative to dental insurance. You set the discounts and fees within your own practice, and your patients can afford to get the dental care they need at a value they are looking for. In short, QDP is a win-win. Everyone benefits.
Well, maybe not the insurance companies.
- Sending out statements
- Collection calls
- Low paying fee schedules
- Verifying insurance
- Entering insurance into patient charts
- Explaining insurance benefits to patients
- Charting treatment plans on insurance claim forms
- Claim form submittals
- Insurance company follow-ups to ensure reimbursement
- Tell patients their insurance company isn’t paying
- Resending information to insurance companies
- Billing patients for patient portion that goes unpaid by insurance companies