Billing dental insurance management is a complex and tedious task. According to a survey conducted in the US among dentists, approximately 88 percent dentists are concerned with the ability of their patients to pay for the expensive services along with a further 86 percent being concerned with the revenue generation of their dental practices.
Further research (Blackwell, Villarroel, and Norris, 2019) has shown that an average of 22.1 percentage of the population of US is likely to go without getting the proper dental treatment despite an average of 50.2 percent of adults in the US having dental insurance coverage. 77 million adults in the US still lack dental insurance coverage.
Surveys have shown that one of the primary reasons for people with billing dental insurance not visiting their dentists is their lack of understanding of their insurance and their fear of the costs that they may have to bear. They are unaware of what they are entitled to depending on their insurance and also lack the knowledge of the proper procedure of claiming billing dental insurance.
Dental Insurance Billing services
With the complex procedures involved in the process of claiming dental insurance from insurance providers, dental practices often employ dental insurance billing services which undertake the responsibility of handling all dental insurance claims as well as offer various other services such as managing the financials or managing the scheduling of the patients.
These organizations lift the stress and anxiety of the tedious process of dealing with the fine print of insurance from both the dentists as well as the patients and provide them with a peace of mind and focus which they can redirect to the dental services themselves. These organizations employ expert professionals who ensure all procedures are followed with accuracy and that all the requirements are fulfilled.
Steps of claiming dental insurance
There are various steps and processes that take place from the moment a patient enters a dental practice till the practice is reimbursed from the dental insurance provider of that patient. The first step of the process begins with a verification of the insurance claim of the customer which is handled by organizations offering billing dental insurance services.
Their professionals thoroughly understand every term and condition as well as detail of the coverage of the insurance and guide the dentists as to what services are covered accordingly. Once verified, the dental services are performed with care and efficiency. The next step in the procedure is for the claim to be submitted and processed on the end of the insurance providers along with timely checkups on the claim from the dentist’s office.
The insurance providers process the claim by certifying the claims made and reviewing their accuracy. This follows the validation of the amount that has to be paid to the patient ultimately leading to the final billing procedure and the payment.
Benefits of Dental Insurance Billing services
With the complexity of handling the long and complex procedures of billing dental insurance being handled by external organizations providing these services, the patients and the dentists can pay more attention to the dental services and the heath of the patient.
These organizations pay great attention to the maintenance of the privacy of the data and guarantee that their encryption systems exceed all required standard. They offer dedicated professionals who are well versed in all insurance related terms and hence offer a complete and thorough understanding of the details of the insurance of each patient.
Along with that, they also provide verification of insurance services to run background check which ensure that all policies are up to date and there are no changes in the dental insurance policy of a client which they are unaware of. The tedious tasks of keeping a tack of all appointments of clients and managing them is also a service that is offered by these organizations which include complete management of dental appointment scheduling which ensures that no patient is left behind.
With their expert professionals, they also provide complete bookkeeping and accounting services which can be extremely useful to dental practices in ensuring that they have a steady and improving inflow of revenue.
The Future of Dental Billing Insurance in US
While the major part of the US population still steering clear of dental insurance, trends leading to a minimization of this portion of the population have been observed. With billing dental insurance services, accessibility to insurance claims has become easier and with the growing investment related to dental insurance, the market of dental insurance is predicted to continue to grow as well.
A trend of increasing clarity and accessibility has also been observed in the understanding of insurance terms and policies to minimize the huge gap between basic dental services and the general public. With the need to improve accessibility to dental services, insurance providers are also offering increasingly understanding and accommodating dental insurance plans which are meant to encourage people to pay attention to their dental health as these plans not only cover more services but also provide better clarity and improved quality.