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dental memberships

Dental insurance vs. dental memberships plans

Pros and Cons: Dental Insurance vs. Practice Dental Plans

95% of Americans regard oral health as essential to their well-being and overall health. Unfortunately, the cost and availability of dental care can be a deterrent for some. In the most challenging time when the economy is unstable, people seek ways to save money and still receive good quality dental care. There are a few options when it comes to paying for dental care. The dental insurance and practice dental membership plans are two of the most common options. However, which one is the best choice can depend on the individual's circumstances. Before we decide which route to take when it comes to dental care, we must weigh our options.

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Dental Memberships Increase Recurring Revenue and Build Patient Loyalty

Dental Memberships Increase Recurring Revenue and Build Patient Loyalty

The demand for dental memberships has been growing steadily in recent years. Memberships increase patient loyalty by reducing the consumer’s need for  price shopping. Higher loyalty leads to increase interactions and patient compliance, which in turn increase revenue. All this is because a dental membership provides an affordable, fixed-price plan that covers the necessary treatments and services a patient may need throughout the year. Most dental practitioners offer different membership tiers that cover varying levels of care, allowing consumers to choose the best plan for their needs and budget.

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PlanSplit for dental membership

Dental Memberships Strengthen Loyalty & Compliance in Uncertain Times

If anything, the Great Recession has taught us that we can expect nothing from the free market but constant change and financial insecurity. The economic uncertainty hit almost all types of businesses and industries, but the dental industry was particularly hard hit. Dental practices felt the squeeze on their patient income as people cut back on discretionary spending to save their homes from foreclosure and unemployment claims.

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