Support
support@smilemore.marketing
(844) 443-7771
SmileMore MarketingSmileMore MarketingSmileMore MarketingSmileMore Marketing
  • Home
  • About Us
  • SERVICES
    • Dental Branding, Graphic Design & Print
    • Dental Savings Plan
  • Blog
  • CONNECT
  • Shop
  • Log In

Considerations for Your Dental Savings Plan Enrollment Fee

    Home Blogs Considerations for Your Dental Savings Plan Enrollment Fee
    NextPrevious
    Plan Enrollment Fees

    Considerations for Your Dental Savings Plan Enrollment Fee

    By Lyndi Pilot | Blogs | Comments are Closed | 6 July, 2022 | 0

    It’s time to start your dental savings plan, and you need an enrollment fee. What’s it going to be? What will be included with it? Will it be a monthly fee or an annual fee? How do you know you are calculating it correctly so that it’s beneficial to your practice and attractive to your patients? All of these questions require serious reflection before beginning your plan.

    Generally speaking, most enrollment fees include some or all preventive services.

    It’s extremely important to examine multiple metrics when choosing the right plan enrollment fee. Primarily, what type of socio-economic community do you serve? It’s also a good idea to consider what percentile your current standard fees fall within compared to other dentists in your area. Combine that with your own “temperature” or tolerance to provide a certain percentage of  discounts, and you can start to get a rough idea of where you think your enrollment fee should fall.

    Additional metrics should also be considered. 

    Are you longing to stop participating in-network with a particular (or all) dental insurance? If so, how can you best structure your membership plan to offer patients as an alternative to avoid attrition? Also, if you have a strong perio program it might not make sense to include two prophies per year in your plan’s enrollment fee.

    Although other metrics can certainly come into play, one of the biggest decisions you must make is whether your patients will pay for your plan monthly or annually. There are pros and cons to both.

    If you need help to better understand your options, please don’t hesitate to reach out to Christine at christine@smilemore.marketing or schedule a call at dspcall.com.

    membership plan, Plan Enrollment Fees, SmileMore Marketing

    Related Posts

    • Recession

      Ready for Another Recession?

      By Lyndi Pilot | 0 comment

      If you’ve been practicing for more than 14 years, you’ll remember how your practice changed in 2008 during the Great Recession. I was managing my husband’s practice then, and the economic downturn was frightening. PracticingRead more

    • 3rd Party Plan Customer Service

      3rd Party Plan Customer Service

      By Lyndi Pilot | Comments are Closed

      Which is better – having a dental savings plan where a third-party customer service handles your patient enrollments and cancellations? Or, is it better to have your own team handle it within your practice? WeRead more

    • Automate your plan re-enrollments

      Why You Must Automate Your Plan Re-Enrollments

      By Christine Bahu | Comments are Closed

      Two of the greatest administrative benefits of a dental savings plan are that there are no insurance claims to file or track down, and there is no estimating of the patient’s financial portion. What timeRead more

    • Should You Allow Your Dental Savings Plan Patients to Use 3rd Party Financing?

      By Christine Bahu | Comments are Closed

      Almost every time I help an office establish a dental savings plan, I’m asked if they should allow patients to use 3rd party financing (like Care Credit or LendingTree) for their dental treatment – likeRead more

    • Dental Professionals

      Should I Let Existing Patients Join My New Dental Savings Plan?

      By Christine Bahu | Comments are Closed

      When I work with new dental clients, I’m often asked if they should offer their dental savings plans only to new patients. I believe this question stems from the dentists’ fear that their revenue willRead more

    NextPrevious

    Archives

    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • December 2021
    • October 2021
    • February 2021
    • November 2020
    • October 2020
    • September 2020

    Categories

    • Blogs
    • Home
    • About Us
    • SERVICES
      • Dental Branding, Graphic Design & Print
      • Dental Savings Plan
    • Blog
    • CONNECT
    • Shop
    • Log In
    Terms & Conditions | Disclaimer
    © 2022 SmileMore Marketing | All Rights Reserved
    • Home
    • About Us
    • SERVICES
      • Dental Branding, Graphic Design & Print
      • Dental Savings Plan
    • Blog
    • CONNECT
    • Shop
    • Log In
    SmileMore Marketing