Understanding your financial options when considering dental treatment can make your decision easier and less stressful. Whether you’re looking at routine procedures or more comprehensive treatments, knowing how to manage the costs effectively is essential. In this post, we’ll explore several financing options, including the National Dental Plan, Super Care, and modern payment methods like Afterpay and Zip Pay.
What is the National Dental Plan?
The National Dental Plan (NDP) is designed to make dental care more accessible by allowing you to receive treatment now and pay later. Powered by Humm, NDP operates under a ‘no interest ever’ model, which means you can spread the cost of your treatment over manageable payments without the worry of high-interest rates adding to your burden.
Payment plan approval is completed in the practice, which is typically and requires minimal documentation. Once approved, treatment can then be commenced comfortably knowing you can pay over time in smaller, more manageable instalments. It is important to note all plans incur a small account fee of $8 per month, where patients using Humm for the first time can also expect a $70 account establishment fee.
Below are some examples of payment plans for various treatment types – payments are made fortnightly for the agreed term, with higher purchase amounts over $12,000 requiring a deposit. You are welcome to finalise payments ahead of the payment schedule, which will not incur a penalty.
| Treatment | Repayment Amount | Term length |
| Single Implant | $87.89 per fortnight | 24 months |
| All on X (single arch) | $154.52 per fortnight | 48 months |
| All on X (double arch) | $289.14 per fortnight | 48 months |
What is Super Care and How Can It Help?
Super Care is an Australian service that assists individuals in accessing their superannuation early to cover medical costs, including dental procedures. This service can be particularly helpful for more significant dental work such as implants or orthodontic treatments that can otherwise be financially daunting.
We will assist with this process by applying to Super Care on your behalf, whereby the application includes providing evidence of the medical condition and the need for treatment, as reviewed by an independent medical practitioner. If approved, funds are released directly to the individual, who can then use them to pay for their treatment. A fee of $700 will be incurred for a successful application, and treatment can then be scheduled once funds have been released.
At Glenferrie Dental, we understand that your dental investment should be as seamless as your treatment experience. We are delighted to introduce a number of flexible payment options tailored to your needs, particularly for those contemplating the revolutionary 'All-on-4' procedure. We offer financial flexibility with our array of partners, including Pretty Penny Finance, Supercare, and the National Dental Plan, all designed to alleviate any concerns regarding affordability. We firmly believe that your smile makeover should not only be bespoke but also within reach. Book a complimentary consultation with our team of award winning cosmetic dentists on (03) 9818 1930. #DentallmplantsMelbourne #MelbourneDentistry #ImplantClinicMelbourne #MelbourneSmile #CosmeticDentistryMelbourne #HealthyTeethMelbourne #DentalCareMelbourne #Melbourne
Posted by Glenferrie Dental on Saturday, May 18, 2024
What are Afterpay and Zip Pay?
Afterpay and Zip Pay are popular ‘buy now, pay later’ services that have extended their reach to include dental services, allowing patients to manage treatment costs without upfront expenses. These services differ slightly but generally offer the same convenience of breaking down the total cost into smaller, more manageable interest-free payments over time.
- Afterpay typically divides the payment into four equal installments due every two weeks. There is no interest, and payments are automatically deducted from your chosen account.
- Zip Pay offers a bit more flexibility, allowing you to choose how much you repay each month, provided you meet a minimum monthly repayment. Interest-free terms are also a staple feature, but a monthly account fee is charged when there is an outstanding balance.
Signing up for Afterpay or Zip Pay is straightforward and can be done online or via their apps. Once you have an account, you simply need to choose one of these options at participating dental clinics to manage your treatment payments. It’s a convenient option for those who prefer not to tap into savings or for whom traditional credit and financing do not suit.
Conclusion
Navigating the costs of dental treatment doesn’t have to be a barrier to getting the care you need. With options like the National Dental Plan, Super Care, Afterpay, and Zip Pay, you have a variety of ways to manage payments according to your financial situation. At Glenferrie Dental, we’re committed to providing not only excellent dental care but also accessible payment solutions. Contact us today at (03) 9818 1930 to discuss how we can help you achieve your dental health goals in a way that respects your financial circumstances.