Entries in WDS (59)
In other posts I have said that I think dental insurance is becoming irrelevant but I have not said what I think that means for the future. I don’t think dental insurance should or will go away completely. I believe in the future, the value of dental insurance will be to make it easy for people to get preventive care thus providing for fundamental hygiene and diagnostic procedures. Most care beyond that will be purchased out of pocket by the patients. Getting them in the chair provides them with the opportunity to learn what is happening in their mouths and what ought to and can be done about it.
This is a letter in response to the recent letter I received from the WDS board of directors dated April 4th 2011. The letter states that WDS is considering restructuring its dental fees effective June 15th by lowering fees for most providers because employers are demanding lower premium rates from WDS. I contend that not only is this unnecessary but that it is not in the best interest of WDS.
Our world is different and will never be the same. Faced with a 15 percent cut in reimbursement by WDS, many practices must make a choice: Accept the reduction in reimbursement or drop off as a contracted provider. Which will you choose?
Change is difficult
Good leaders, however, gather information, analyze the possibilities and then make the hard decision. The decision you make is personal; the factors that influence your decision are based upon your practice demographics, overhead and personal philosophy.