Aspen Dental has become a household name, synonymous with accessible and affordable dental care. One of the key factors contributing to its success is the innovative financing options it offers, including the Aspen Dental Pace program. But how does it work, and is it the right choice for your dental needs? Let’s dive into the details and explore the ins and outs of this financing option.
Introduction to Aspen Dental Pace
Aspen Dental Pace is a financing program designed to help patients cover the cost of dental care. It’s a pay-over-time option that allows patients to break down their dental expenses into manageable monthly payments. This program is particularly useful for those who may not have dental insurance or whose insurance doesn’t cover the full cost of the treatment they need.
How Does Aspen Dental Pace Work?
The Aspen Dental Pace program works by partnering with a third-party financing company to offer patients a range of payment plans. Here’s a step-by-step breakdown of how it works:
- Application Process: Patients can apply for the Aspen Dental Pace program either online or in-person at an Aspen Dental location. The application process typically involves providing some basic personal and financial information.
- Approval: The financing company reviews the application and determines the patient’s eligibility for the program. Approval is often based on creditworthiness, but Aspen Dental also considers other factors to ensure that the program is accessible to as many patients as possible.
- Payment Terms: Once approved, patients can choose from a variety of payment plans, each with its own terms and conditions. These plans can vary in length, interest rate, and monthly payment amount.
- Treatment: After selecting a payment plan, patients can proceed with their dental treatment. The total cost of the treatment is covered by the financing program, and patients begin making their monthly payments.
Insurance Guide: How Aspen Dental Pace Works with Insurance
For patients who have dental insurance, the Aspen Dental Pace program can still be a valuable option. Here’s how it works with insurance:
- Out-of-Pocket Expenses: If a patient’s insurance doesn’t cover the full cost of their dental treatment, the Aspen Dental Pace program can help cover the out-of-pocket expenses.
- Deductibles and Co-pays: Patients can use the Pace program to cover deductibles and co-pays associated with their insurance plan.
- Non-Covered Procedures: If a patient needs a procedure that’s not covered by their insurance, the Aspen Dental Pace program can provide financing for the full cost of the treatment.
Benefits of Using Aspen Dental Pace
So, why might patients choose to use the Aspen Dental Pace program? Here are some benefits:
- Flexibility: The program offers flexible payment plans that can be tailored to fit individual budgets and needs.
- Accessibility: The Pace program can make dental care more accessible to patients who might not otherwise be able to afford it.
- Convenience: Patients can apply for the program online or in-person, and the application process is relatively quick and straightforward.
Example of How Aspen Dental Pace Works
Let’s say a patient needs a dental implant, which costs 3,000. The patient's insurance covers 50% of the cost, leaving an out-of-pocket expense of 1,500. The patient can apply for the Aspen Dental Pace program to cover the remaining balance. If approved, they might be offered a payment plan with a 12-month term, an interest rate of 10%, and a monthly payment of $137. This way, the patient can afford the treatment they need without having to pay the full amount upfront.
It's essential to carefully review the terms and conditions of any financing program before applying. Patients should consider factors like interest rates, repayment terms, and any potential fees associated with the program.
Frequently Asked Questions
What credit score do I need to qualify for Aspen Dental Pace?
+The credit score required to qualify for Aspen Dental Pace varies, but the program is designed to be accessible to patients with a range of credit histories. Approval is based on a combination of factors, including creditworthiness, income, and other financial information.
Can I use Aspen Dental Pace for cosmetic procedures?
+Yes, the Aspen Dental Pace program can be used for cosmetic procedures, such as teeth whitening or veneers. However, it's essential to check with your local Aspen Dental office to confirm that they offer financing for the specific procedure you're interested in.
How do I make payments on my Aspen Dental Pace account?
+Patient can make payments on their Aspen Dental Pace account online, by phone, or by mail. The program also offers automatic payment options, which can help ensure that payments are made on time.
Conclusion
The Aspen Dental Pace program is a valuable financing option for patients who need dental care but may not have the means to pay for it upfront. By understanding how the program works and carefully reviewing the terms and conditions, patients can make informed decisions about their dental care and take the first step towards achieving the healthy, beautiful smile they deserve. Remember to always consult with a financial advisor or a qualified dental professional before making any decisions about your dental care or financing options.
