An alternative to dental insurance called PayDent has launched, with its developers promising that the model can offer benefits for both patients and dental care providers.
PayDent was designed to replace low-value dental insurance plans with a tool that helps patients build funds to pay for inevitable dental expenses and streamlines the process for dentists to get paid, the company said.
Instead of paying monthly insurance premiums, patients deposit funds to their PayDent accounts, building savings that can be used to pay for any treatment.
For dentists, PayDent reduces many of the time-consuming and frustrating aspects of dental office operations, including insurance paperwork, rejected insurance claims, and service limitations, according to the company.
PayDent is iOS- and Android-compatible, and patients and dental care providers can learn more at PayDent.com.