Preparing Patients for the Cost of Dentistry | CareCredit

Cost remains one of the top barriers to treatment acceptance.  According to the 2023 Synchrony Dental Lifetime of Care Study, 58% of surveyed consumers expressed that dental care is not affordable (to view a short video on the study, go to https://youtu.be/nvJ7VKSJNxg).This perception may be one of the reasons the study found: 

• Only 75% of respondents went to see their general dentist in the past 12 months.  Of those who did not, 54% cited “expenses” as the reason.
• 30% of respondents said they would hold off on dental care if cost was $500 or less.
• 52% would hold off on dental care if cost was $1,000 or less.

Providing payment options, especially those with promotional financing, like the CareCredit credit card may help.  58% of study participants indicated they would probably or definitely choose a payment option that provided predictable, set, equal payments.  And now it’s even easier for patients to learn about and see if they prequalify for the CareCredit credit card (with no impact to their credit score) privately and securely using your Custom Link. 

See just how easy it is to offer CareCredit to your patients at https://www.carecredit.com/providers/insights/best-way-to-start-the-financial-conversation/.

The Custom Link comes in several formats including a QR code to display in your practice, a URL link to include in emails or texts, and buttons and banners for websites and social media.  The team no longer needs to collect sensitive information or communicate credit decisions.  And if approved, patients can immediately use CareCredit to pay for needed or wanted treatment. Get your Custom Link at www.carecredit.com/mycustomlink.

In addition to providing a range of financing options, CareCredit can connect dentists and teams with resources and training for the whole team and new hires.  If you accept CareCredit, contact your Practice Development Team at 800-859-9975, option 1, then 6.

Great financial conversations happen when everyone is knowledgeable, confident and comfortable with financial conversations. Learn how to boost your skills: https://www.carecredit.com/sites/pc/pdf/boost-your-skills.pdf

Yet to add CareCredit? Call 800.300.3046 (option 5) or visit www.carecredit.com/dental to get started.