Answers You Should Have
Are you sick of how hard it is to bill out to dental insurance companies? Are you sick of them telling you that you are missing something that you have already sent? Are you sick of them denying legitimate claims? Are you tired of treating patients in accordance with their insurance benefits? How about when patients don’t want to pay their co-payments because they think everything should be covered by dental insurance. We have a solution to all of this. It’s to make your own dental plans. By making your own plan, you cut out the middle man and treat the patient the best way possible. TRANSFORMATION
There is a cost to maintain the security of the system and the support that has to be done for each doctor and every patient that doctor has.
To administer and maintain your dental plans, it costs 15% charge per patient. Financing will cost 5% in case of non-guaranteed patient and 10% in case of guaranteed patient. We will even collect payments for you for a small fee.
If you are interested in getting a plan for your office, you just need to determine what percentage discount you want to give in exchange for a monthly premium. If you are interested in patient financing, you just need to determine things like the interest you would like to charge, your late fees, your minimum amount for financing etc., after that, everything is pretty much automatic from there. If there is someone that does not pay on time, we will take care of collections for a small fee. There is no fee to join.
I am sure you have noticed that dental insurances have been making it harder and harder for dentists to get paid. Their restrictions that they place sometimes prevents us from doing what is good for patients. Neither ADA nor any dental society has been successful in helping us, they have only made the situation worse. The only way to change dental insurance is to make them feel financial pain. denefits® is a movement for dentists to rise above dental insurance companies. Best of all, this is only the tip of the iceberg, we are about to TRANSFORM dentistry forever and make it better for doctors and patients.
That’s a great question. Let me ask you one: When you take vacations, do you think about how much money you are losing when you are away from the practice? Of course, you do. With denefits®, you can have your own recurring revenue stream regardless if you are in the office or not. If you have 2000 patients under your plan, at an average of $55 for premiums, you make $110,000 a MONTH and 1.32 Million per year without lifting a finger. With that, can you take a vacation without worries?
That’s great. It means you have figured out the system better than most dentists! We are not telling you to stop accepting insurance, we are just introducing an additional way for you to make recurring money every month without lifting a finger. We are offering a way for you to get patients without a lick of marketing.
The first way it makes you money is by essentially turning you into an “insurance” You get paid monthly premiums. You add an additional revenue stream without losing another. You will still run your office like normal, bill like normal etc.
You can charge whatever you want, we give you recommended rates that we extensively studied for over 2 years. You can adjust any rate you want to change!
Typically you get paid weekly/monthly depending upon guaranteed/non-guaranteed patients.
We hold your hand as much or as little as you want. When you are successful, we are successful.
It costs 15% charge per patient for you to make your own plan. For financing, setup is free and it’s just 5% per non-guaranteed patient payment and 10% per guaranteed patient payment. If you are just interested in referrals, it’s free to set up. You can administer your plan right after the setup. If everything goes right, you can sell your plans today!
You basically are in 100% control of this. You charge the interest you want, you charge the late fees you want, you can even defer payments if you want. When a payment is made, 5% or 10% depending on the type of the patient is taken out for fees and you keep the rest. If there are any patients that fail to pay, a simple button can be pressed to send them to us, and we will take over collection for a small flat fee.
You get a lump sum every week/month depending on the type of patient.
Press the “send to collections” button and we will take care of the rest for a small flat fee. We remove your financial headaches.
No, there are no contracts, you can cancel at any time. Remember, there is no charge to remain on our patient financing platform or our referral platform.
Stop them anytime you want. All of your patients are on a month to month plan. You can cancel on them at will.
You(specialists) don’t actually need to lower your prices. If you feel your prices are competitive, then go ahead and stick with it. We would like you to keep in mind. Keep in mind that other specialists can join your region, so if their prices are better than yours, they might be the one that gets the patient. Charge the prices that make you happy, that you can live with. That’s it. Just remember, you are not replacing any revenue streams, you are now adding another one, you will just be busier.
Even if you discontinue your plan, your old patients will still be placed on the old plan, the new plan will take effect for all patients you sign up afterwards.
Your money is deposited monthly into your account. It is extremely simple to keep track of all your patients. Just select the criteria that you want to see such as patients with late payments, patients that have expired plans, patients under certain plans, etc and a list will show up for you on the same screen.
You can try but there will be numerous HIPAA violations, credit card processing violations and security/theft issues that a small company just cannot deal with. You will not have logins for your patients, or mobile apps, an integrated patient relationship manager etc. On top of that, after the number of patients grows, you will not be able to effectively keep track of patients and their payment status. It really is not worth the headache, denefits® makes your system more efficient so your staff can be free to do other important tasks.
How can I sell the plan to them? You need to first determine if it is to your advantage to convert these patients. If they have some fillings or crowns that have to be done, you just have to figure out what works best for you and the patient. In general, let their insurance cover the bulk of procedures then mostly sell the plan for maintenance purposes.
Do you help me? You can do whatever you want. We will already help patients find you when you are in our denefits® marketplace. Patients can buy your plans without having to step foot in your office. We have something very special coming up for the marketplace that will change how patients find dentists, you will want to be a part of this.
Without lifting a finger, if you only sell plans, you can make more that what you generate in a year from now! For example, if you had 2000 people in your plan at an average rate of $55 per patient, you will make 1.32 million without doing dentistry! You are not going to get there right away, but you can see your path is very bright.
Yes, we have made this system very simple: 5% or 10% charge per patient for financing and 15% charge per patient in case of the dental plan which will get lower down by 1% after every 50th patients added and will go down till 10%.
We have no plans to change our price in the foreseeable future.
Yes, this system was built with security as the top priority.
Newport Beach, CA. We love beautiful Southern California!
Can I lose money on this? Not if you do what we recommend. For example, your benefits and maximums are set too high, you can lose money on patients that need a lot of work. In these cases, it is much better to finance those patients instead of selling your plans. If the cost of the total treatment exceeds your maximum benefits you allow, we recommend you finance the treatment instead.
Yes, it will give you a recommendation based on the treatment plan entered.