About 27% of dentists may drop insurance networks this year, according to a new report from the American Dental Association’s Health Policy Institute.
The ADA recently released its “Economic Outlook and Emerging Issues in Dentistry” report for the second quarter of 2024.
The organization asked 769 owner dentists in the report about actions they’ve taken this year, including investing in new equipment and software, adding staff and dropping some insurance networks.
Here is the percentage of owner dentists who said whether they had or may drop some insurance networks this year in the report:
Yes: 24.8%
No, but may do later this year: 26.9%
No, not planning to do this year: 48.2%
Source: Nearly 27% of dentists may drop insurance networks in 2024: Report / Becker’s Dental + DSO Review