Several studies gave insight into how Americans use, and are knowledgeable about their dental insurance. One study showed that only 9% of Americans understood their insurance, and another study showed that while many have insurance, less use it. Millennials were the worst demographic studied, in terms of knowing their insurance, despite how much they thought they knew! This lack of knowledge creates opportunity for dentists to explain insurance-covered procedures, and gain more routine business and visits from patients who would not otherwise visit.
Key Takeaways:
- Less than ten percent of American’s, and even less for those aged between 22 and 37, even understand the terms and conditions of their insurance plans.
- A large percentage of people have health insurance, but the majority actually don’t utilize it.
- It is important for dental clinics to educate people through various communicative means in order to better educate and help them.
“The company found that Millennials are the most confident in their understanding — but they actually had the lowest comprehension of all the groups in the study.”
Read more: https://www.revenuewell.com/article/how-much-do-patients-understand-dental-insurance/
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