Eric Vickery and Alex Nottingham JD MBA discussed the psychology of dental practices taking insurance. Alex discussed how his father, a Pankey-trained dentist, felt he had to start taking insurance towards the middle of his career due to pressure, and how that made him unhappy. Eric explained how eliminating insurance can provide freedom and noted they have helped over 100 offices to change their relationship with insurance companies. They both noted it is easier to be out of network when more dentists are in that position and it's easier for everyone else to be in that position. Lastly, they discussed the fear around taking insurance and how it can be a successful marketing tool.HIGHLIGHTS
[0:10] Conversation on Insurance Freedom with Eric Vickery, President of Coaching at All Star Dental Academy
[02:00] Eric Vickery and Alex Nottingham JD MBA Discuss the Benefits of Removing Insurance from Dental Practices
[03:25] The Impact of Insurance on Dentistry and Personal Life
[05:33] Growing a Practice Through Referrals and Value-Added Services
[06:47] The Psychology of Insurance Freedom
[08:34] Overcoming Fear and Approval Addiction in Insurance-Based Practices
[10:23] Insurance Coverage and Effective Communication
[11:44] In-Network vs Out-of-Network Insurance Coverage for Medical Practices
[13:50] Exploring the Benefits of Membership Plans for Dentists
[15:55] Insurance Plans and Dental Practices
[17:02] Achieving Insurance Freedom in Dentistry
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