Monday, 17 February, 2025

01 Nov 2005 | Australasian Dental Practice

news > Spectrum > Page 32

Offering patient finance is all about choice

The acceptance of patient finance in the Australian dental market is continuing to gain momentum with a number of offerings now available that provide a range of choices to patients. Practices that have initially been dubious about offering finance plans have quickly discovered that their patients have no such hesitation about accepting high quality treatment and a means to pay for it over time.


"I'm absolutely petrified of the dentist and when I chipped a tooth, I kept putting off getting it fixed until the tooth started to discolour," said Tracy French from the Perth suburb of Beechboro.

"As I hadn't been to the dentist for several years and as a typical patient who has prolonged the inevitable, a great deal more work was required than just fixing the chipped tooth. In the end, I needed a total of seven white fillings and one extraction over three visits.

"My next thought was 'Oh great, now how am I going to pay for all this!' That's when I picked up the mediCHOICE brochure on the waiting room desk. This made it so easy. The process was brilliant and the staff very easy to deal with. I would not have got all the work done had I not had the option of the Interest Free period with the option of then spreading the payments over a further 12 months. The good part is that I really don't miss the monthly amount that comes out of my account," Ms French said.

Today's economic demands and the strict budgets that people set themselves ensure that every person who walks through your door could possibly benefit from being offered an easy payment plan. Research indicates that the average household debt is $45,218.00*. Paying debt is more economical than earning low interest rates so having $5,000 sitting in an everyday account is not an everyday event for most people.

Convenience was the major attraction for Barbara Cameron who lives in remote South Australia. From a finance point of view the Cameron family would be considered high net worth. However, the benefit of an easy application and quick turnaround enabled Mrs Cameron to have her crown and bridge work done immediately and without fuss.

"Living 50 kms from a bank would have meant taking a day out to arrange payment. Lombard's mediCHOICE was a great option," she said.


* Source. ABS 2003 Australian System of National Accounts.

Clinical

Clinical

Abstracts

Clinical

Stream the latest dental videos...
Expert talk: Freedom in movement

Sponsored Links...

Upcoming Events...

Jan 01 2025
Feb 18 2025

Siberian Dental Forum 2025

Krasnoyarsk, RUSSIA

Feb 27 2025

Maximising Recall Compliance

Live Online, AUSTRALIA

Feb 28 2025
Mar 04 2025
Mar 12 2025
Mar 15 2025
Mar 18 2025

TRIOS Café Webinar - A-Z Cosmetic Workflow with TRIOS

Australia & New Zealand, AUSTRALIA

Mar 19 2025

ITI Congress Colombia

Bogota, COLOMBIA

Mar 21 2025
Mar 21 2025

ITI Congress UK & Ireland

Birmingham, UNITED KINGDOM

Mar 22 2025
Mar 24 2025
Mar 25 2025

IDS 2025

Cologne, GERMANY

Mar 29 2025
Apr 02 2025
Apr 10 2025
Apr 12 2025

ITI Congress Southern Africa

Cape Town, REPUBLIC OF SOUTH AFRICA

Apr 15 2025
Apr 15 2025
Apr 17 2025

Dental Forum 2025

London, UNITED KINGDOM

May 01 2025
May 08 2025

PNDC 2025

Seattle, USA

May 08 2025
May 08 2025

TDA Meeting 2025

San Antonio, USA

May 12 2025
May 14 2025
May 15 2025

NCDS 2025

Myrtle Beach, USA

May 16 2025

BDA 2025

Birmingham, UNITED KINGDOM

May 20 2025

GalMED 2025

Lviv, UKRAINE

May 21 2025

Dentima Krasnodar 2025

Krasnodar, RUSSIA

May 22 2025

C.O Life Summit

Barranquilla, COLOMBIA

May 22 2025

ICOMS 2025

Singapore, SINGAPORE

May 23 2025

Famdent Show Mumbai 2025

Mumbai, INDIA

May 26 2025
May 28 2025
May 28 2025

Buldental - Bulmedica 2025

Sofia, BULGARIA

May 29 2025

CUSCO 2025

Urubamba, PERU

May 30 2025
Jun 07 2025
Jun 09 2025
Jun 10 2025

PACK EXPO Southeast 2025

Guadalajara, MEXICO

Jun 11 2025
Jun 20 2025

Scottish Dental Show 2025

Glasgow, UNITED KINGDOM

Jun 21 2025
Jun 25 2025
Jun 27 2025

ICOI Asia Pacific Congress 2025

Deagu, KOREA, SOUTH

Jul 22 2025
Aug 01 2025
Aug 07 2025
Aug 07 2025

IndoHealthcare Expo 2025

Jakarta, INDONESIA

Aug 22 2025

HKIDEAS 2025

Hong Kong, HONG KONG

Aug 28 2025

ABSO Meeting 2025

Hamilton Island, AUSTRALIA

Sep 03 2025

AAPD 2025

Kuta, INDONESIA

Sep 09 2025
Sep 12 2025
Sep 13 2025
Sep 17 2025

PharMed Cambodia 2025

Phnom Penh, CAMBODIA

Sep 19 2025
Sep 20 2025
Sep 25 2025
Sep 29 2025

PACK EXPO Las Vegas 2025

Las Vegas, USA

Oct 02 2025

IAO 2025

Padova, ITALY

Oct 02 2025

ITI Congress Brazil

Rio de Janeiro, BRAZIL

Oct 09 2025

Pragodent 2025

Prague, CZECH REPUBLIC

Oct 15 2025
Oct 16 2025
Oct 16 2025

DDS Global Congress 2025

Venice, ITALY

Oct 16 2025

ADOHTA-DHAA 2025 National Congress

Gold Coast, AUSTRALIA

Oct 24 2025
Nov 28 2025
Dec 05 2025

8th Dental Expo 2025

Lahore, PAKISTAN

Mar 20 2026
Apr 17 2026

IDEM Singapore 2026

Singapore, SINGAPORE

Nov 27 2026
Nov 26 2027
Nov 24 2028