iCare Financial Dental Newsletter – January 2018
Dr. Rick Winter D.D.S, M.A.G.D.D.I.C.O.I
Dentists have found that they are able to provide something very special to their patients when they offer dental Financing through iCare Financial. Across the board, they agree that patients are both thrilled and relieved when they learn that there is an additional option that can enable them to get the treatments they desperately need.
In a recent New York Times article entitled “Patients Mired in Costly Credit from Doctors,” Jessica Silver-Greenberg sets out to discuss different Financing options for patients and how patients are often misled about the terms of medical credit cards like CareCredit. However, iCare Financial is not a credit card.
Instead, they “offer Financing plans through providers’ offices.” As a result, patients always experience 0% interest. They do not experience issues such as rising interest rates while on an iCare dental patient Financing plan.
Dentists in different parts of the country report that they have had similar transformative experiences with iCare Financial. Dr. Rick Winter D.D.S. M.A.G.D. D.I.C.O.I. at Hampton Dental Associates in Milwaukee, Wisconsin found that choosing to use this dental patient Financing program has helped them treat more patients and boost revenues.
Dr. Rick Winter has been using iCare Financial for over two years. Even though they don’t specifically advertise that they offer this dental patient Financing program, they have found word has quickly spread and patients now ask for iCare Financial by name.
Financing through iCare Financial appeals to all types of people from all walks of life and a wide variety of demographic groups, which includes everyone from elderly and retired people to young couples and working families. Even people with dental insurance only get a certain amount allotted per year towards treatments. As a result, they are often left desperate for help and looking for viable options.
Typically, dental offices would offer only outside Financing via CareCredit. Most people cannot qualify for CareCredit. Dr. Winter explains, “There’s a world of difference between iCare Financial and CareCredit. We talk to people about their credit and usually people say they just can’t qualify.”
Dental offices have found that iCare is very easy to explain to patients and it is also easy to set up. Dr. Winter adds, “There is a very easy application, and a small down payment. Patients can get everything done the same day. There is no comparison with other programs because iCare doesn’t account for creditworthiness. There is a huge population pool that doesn’t meet the score and they need high-level dental treatment. In today’s economy, the ability to offer Financing to patients without seeing creditworthiness has been a blessing to them.”
Dr. Winter has also seen a tremendous difference in how patients leave his office, stating, “People no longer leave with a long face because they know they can’t qualify. With iCare, they are very happy once we explain everything on paper. We give them different options for how we can break it down to lower payments.”
Another huge benefit of iCare Financial is that it has been tremendously effective in building strong relationships with patients. Dr. Winter explains, “Sometimes iCare is our patients’ last hope. They have usually been somewhere else before and they don’t have dental insurance or other means of paying for it.”
Thanks to iCare Financial, patients are able to successfully finish their treatment plans. “A lot of those people would have been lost,” says Dr. Winter. “Only a small percentage of them would probably have continued with their dental care.” You can visit Dr. Winter’s website at www.hamptondentalassociates.com.
In summary, iCare Financial enables patients, even those with poor credit, to receive the dental treatments they need. Unlike medical credit cards, which can sometimes offer sketchy and unfair terms, iCare provides a safe and effective way for patients to pay for and receive top-notch dental care.