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In the current landscape, negotiating with insurance companies has become imperative. The modern insurance industry prioritizes profits and stock market trends more than patients’ and practice owners’ needs. As a result, dentists are forced to join networks to remain competitive, creating a sense of obligation. However, recent events have caused them to demand change. By opting out of insurance and requiring fairer rates, the industry can foster a system of checks and balances, creating a healthier environment for all. In this episode, cohosts Naren Arulrajah and Jordon Comstock and featuring guest Ben Tuinei will discuss why negotiating or dropping insurance plans is necessary for progress.
Timestamps
- 00:07:16 – Why is negotiating or dropping insurance plans advantageous?
- 00:10:47 – What are a few tips to give practices regarding negotiating?
- 00:16:48 – What are some challenges when a dental practice try to to do it themselves?
- 00:22:30 – What type of revenue, on average, can a practice gain back by negotiating?
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Category: Dental Growth Domination Podcast
