Is Dental Insurance Our Friend or Foe?
If you have been in the dental industry for any length of time, you’ve seen your fair share of changes when it comes to dental insurance plans. Insurance companies are constantly making changes to plans, reimbursement rates, and just about any other aspect of insurance.
In order to run an effective and efficient dental practice, you have to continually learn all of the new changes that take place. This means taking courses, classes, and other training programs to ensure that you are up-to-date with the latest policy changes.
It’s enough to make you feel overworked and stressed out. You might even feel that all these changes are made just to confuse you and make your life harder.
You can find solace in the fact that you aren’t alone in this. There are countless others in the dental industry who feel your pain. Today, we want to examine the challenges that come with dental insurance companies and the plans that they provide.
Working on Treatment Plans
As you probably are already well aware, dental plans only cover so much treatment per year. And with this comes the need for you to figure out the best course of action for your patients.
You may have a patient who is only allowed to get half of what their insurance covers. When this happens, you are forced to get creative with their care.
This might mean going through with part of their treatment and talking them into paying for the remainder of their care. After all, you want what’s in the best interest of your patient, not the insurance company.
Negotiating on Fees
Registering your practice with insurance providers means taking a reduction in their fees. However, your goal is to get paid as much as possible. This leads to negotiating on fees so that you are happy with what you’re paid.
The downside to this (other than having to negotiate at all) is that it takes a considerable amount of your time and energy. Time and energy that should be spent on the care of your patients instead.
You want to be using your free time by promoting your dental practice and working to attract new customers. Anything that detracts from that is not conducive to a successful business.
How to Avoid This Trap
Instead of getting caught fighting with insurance companies about all the changes they’ve made and trying to negotiate reasonable fees, consider bringing on some freelance help. This is a great way to ensure that you are able to handle the insurance companies and provide outstanding care to your patients.
With that being said, it’s important that you find the right kind of professionals to assist you with your needs. Don’t make the mistake of hiring from temp services, as this is just another way to spend unnecessary money that could be put to better use.
Hire through Stynt to ensure that you staff your office with the most qualified individuals in your area. Simply fill out our form or download our app today!