Ep. 252: Breaking Up with Insurance: A Step-by-Step Guide to Getting Out of Network — Part 2

 

Ready to take the next step toward going fee-for-service? In the second installment of this three-part series, Jeff covers steps four through six, showing you how to organize your PPO exit, adjust your fees, and prepare your practice for long term success. 

 

Handouts - https://www.mgeonline.com/ep-251-podcast-downloads-form-page/ 

Free Fees & Plans Analysis - https://www.mgeonline.com/fees-and-plans 

The Get Out of Network Blueprint Seminar - https://www.mgeonline.com/out-of-network-blueprint 

Wasserman Guide – https://wasserman-medical.com/product-category/dental 

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Questions From This Episode

What are the three buckets used to sequence which insurance plans to drop first?

Bucket one holds plans with very few patients and poor reimbursement, easy to drop with minimal impact. Bucket two holds plans making up a large share of the practice, regardless of how well or poorly they reimburse, which need to be dropped more gradually over several months. Bucket three is reserved specifically for Delta plans, kept separate and saved for last due to how aggressively Delta tends to communicate with affected patients.

Why is Delta Dental typically saved for last when dropping insurance plans?

Because Delta has a track record of sending letters directly to affected patients that, while technically accurate, are often worded in a way that leaves patients with the impression they can no longer see their current dentist at all. That tends to generate more patient confusion and staff workload than most other carriers, so it gets sequenced last regardless of how many Delta patients a practice actually has.

Should you try to renegotiate fees with an insurance plan before dropping it?

It depends heavily on how many other in-network providers exist in your area and how motivated the insurance company actually is to keep you. Some plans will offer a modestly better rate specifically because they're worried about losing network coverage in an area, but that improved rate isn't guaranteed to hold over time, and pursuing renegotiation is also how many practices unintentionally end up locked into a broader umbrella network with plans they never explicitly agreed to.

Why should preventive and diagnostic fees actually be lowered to the out-of-network UCR rate rather than kept at full private fee?

Because patients are used to preventive care like cleanings being fully covered, unlike basic and major treatment, where they already expect a financial conversation. If a practice goes out-of-network and simply charges its full private fee for a cleaning, patients who've never had a copay for that visit suddenly owe money out of pocket, which is exactly where most patient loss actually happens. Lowering preventive and diagnostic fees to match the insurance company's own maximum allowable rate keeps that visit fully covered, avoiding the surprise entirely.

How does adjusting fees this way actually increase revenue instead of hurting it?

Because private, uninsured patients typically make up a small share of a heavily in-network practice, lowering the preventive fee to match the out-of-network rate barely affects overall hygiene revenue, while raising basic and major fees to the 50th to 60th percentile or higher captures significantly more per procedure across every patient paying that rate. In one modeled example, a practice actually saw hygiene revenue increase by roughly 50 percent after making this exact adjustment.

Episode Transcript

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Ep. 253: Breaking Up with Insurance: A Step-by-Step Guide to Getting Out of Network — Part 3

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Ep. 251: Breaking Up with Insurance: A Step-by-Step Guide to Getting Out of Network — Part 1