Cyber attacks are hitting too close to home in the dental industry. ADA was attacked in April by a new ransomware gang, resulting in service disruptions to dentists and dental associations nationwide. According to Verizon’s 2022 Data Investigation Report, ransomware breaches increased by 13%, and 82% of breaches involved the “human element.” One of the… Continue reading
Endorsed Program News
At a Glance
• Interest rates won’t wait. Refinancing your student loans today could save you thousands of dollars over the life of your loan. Take advantage of an exclusive rate discount of 0.25% by refinancing with MDA-endorsed SoFi through SoFi.com/MiDental. • Embezzlement is a bigger problem in dentistry that one might think. MDA members receive open access… Continue reading
Register Now for Health Care in the Pandemic’s Wake
Now is the time to register for the MDA Insurance health insurance seminars, which begin in September with a presentation at Northern Michigan University in Marquette. Stay abreast of what’s happening with health insurance and health care reform. Learn how the COVID pandemic is affecting the delivery of health care, how it impacts mandated benefits,… Continue reading
Immediately Improve Practice Security with Complete Dental IT
Recent cyber attacks have targeted the dental industry, making IT security a critical concern for practices of every size. Keeping IT security up-to-date is a full-time job, from patching and upgrading to maintenance and backups. A Managed IT Services provider takes the weight off your shoulders and puts your IT security into expert hands. All… Continue reading
CareCredit PMS Integration Simplifies Payment Acceptance
CareCredit is integrated into many of the top practice management software, making it quicker and easier to use. Through the integration, it’s easier to process CareCredit credit card transactions because they automatically write back to the ledger. And when patients want to apply, it’s easier to help them because their information is automatically transferred from… Continue reading
Life Insurance Necessary in Buy-sell Agreements; Often Required for Loans
Some commercial banks will require that they are named as the beneficiary of a life insurance policy in an amount sufficient to pay off loans for commercial real estate or practice acquisitions. By doing so, the bank is assured it will recover its investment in the event of the debtor’s untimely demise. Alternatively, banks may… Continue reading
2 Things MDA Health Plan Sponsors Need
All MDA Health Plan group sponsors must be members of the MDA. If your membership lapses, your health plan will end. Please renew your membership this fall when dues statements are released to remain a member in good standing. Also, if you are a group health plan sponsor and the ownership of your practice transitions,… Continue reading
MDA Health Plan Eligibility Verification Forms Now Due
Sponsors of the MDA Health Plan should have returned their eligibility verification materials to MDA Insurance by Aug. 5. If you sponsor the plan in your practice and have yet to return the materials you received in July, please complete the forms and submit them immediately. If you need help, please contact MDA Insurance at… Continue reading
Checklist for In-Office Dental Plan Administration
The MDA-endorsed Quality Dental Plans solution has all the features competitors tout, and more. QDP has the lowest cost program, charging MDA members only $0.75 per enrolled patient per month, compared to $2-$5 elsewhere. Review the checklist below. Plan builder/pricing interface. Collection/payment tracking mechanism. Marketing templates/ support. Provides analytics. Training for your team to sell… Continue reading
Get Automated Insurance Verifications Faster Than You Read this Sentence
Do insurance verifications have to consume 20-30 hours each week? Not anymore. Now, in just seconds, iCoreVerify runs reports for every patient scheduled for the week. You just click the report icon next to the patient’s name on the schedule to see all available insurance and benefits information. Errors are called out if you need… Continue reading