Ep. 7: Dental Insurance Plans: Is it Really Possible to Not Participate?

 

It sure sounds nice to have a completely fee-for-service practice: you could receive your full fee for every procedure, make more profit, have a less hectic schedule… But is it really possible to drop insurance plans? Won’t you lose your patients and your production? Well, you may be surprised by how the numbers shake out.

Topics:

1:38 – Why more and more dentists are starting to ask, “Do I really need this plan?” recently.

3:58 – The true cost of participating in PPOs and HMOs

6:44 – How many patients will you lose if you drop an insurance plan?

8:21 – Crunching the numbers: How increased profitability can compensate for loss of patients

13:01 – How did dentists get into this mess with insurance plans in the first place?

Links:

Download the free Plan Analyzer Tool – www.raisemyfees.com

The MGE New Patient Workshop – www.newpatients.net

Learn more about MGE – www.mgeonline.com

 

Listen to full episode :

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Ep. 8: Inflation is Soaring! What to Do About it In Your Dental Practice

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Ep. 6: Three Ways to Get More New Patient Referrals