As the dental hygiene industry grows and dental hygiene programs are stretched to the limit, they need to find a way to cover their own expenses, as the industry grows.
According to an article by the National Association of Dental Plans (NADA), the costs of dental hygiene products are increasing every year, while the program costs continue to fall.NADA is a nonprofit association representing the dental and dental equipment industries, which represents more than 100,000 dental and oral hygiene products makers.
They say the industry is facing a $100 billion annual decline in revenue, and a loss of more than 1.5 million jobs.
According to NADA, dental hygiene is a “costs-shifting” business.
If you spend money on dental hygiene, you can expect to spend less money on other items, which are not covered by insurance.
The article explains how dental hygiene benefits the dental industry and how the costs could be covered by dental hygiene benefit programs.
According the NADA report, the industry’s share of total dental care is forecast to fall from $9.5 billion in 2018 to $8.5 trillion in 2026.
And the percentage of dental insurance coverage for the industry dropped from 37 percent in 2020 to 25 percent in 2024.
“The industry has been trying to keep up with the curve of costs,” NADA Executive Director Gary M. Breen told the Associated Press.
“We are at the tipping point.”
The dental industry has a lot of challenges, including rising costs, and some dental products, like crowns, are expensive.
Baren says the industry needs to be better at balancing costs with revenues.
“We’ve got to be more agile,” he said.
“You have to be willing to take risks and take a chance.”
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