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How Adding High Value Services Makes You Less Insurance Dependent
Manage episode 407457986 series 3560564
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The Less Insurance Dependence podcast episode titled "How Adding High-Value Services Makes You Less Insurance Dependent" delves into the significance of incorporating high-value services, particularly cosmetic dentistry, into dental practices. Hosts Gary Takacs and Naren Arulraja stress the economic drawbacks of relying heavily on insurance plans, which often result in significant fee write-offs for dentists. By contrast, offering services like cosmetic dentistry allows practitioners to set fair fees and attract patients who prioritize quality care over insurance coverage. The episode highlights the shift in patient mindset from seeking free or insurance-covered treatments to valuing and investing in services that enhance their oral health and aesthetics. Emphasizing the need for skill development and effective marketing strategies, the hosts suggest that adding high-value services not only reduces insurance dependence but also leads to greater professional fulfillment and practice success. They encourage dentists to explore opportunities for continuing education, renew memberships with organizations like the American Academy of Cosmetic Dentistry, and consider coaching to integrate high-value services into their practices effectively.
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