A proper, written instrument outlining the phrases and situations beneath which a dental apply agrees to offer remedy to a affected person, who in flip commits to remitting fee in installments over an outlined interval. This doc usually particulars the entire price of remedy, the quantity of every fee, the fee schedule, any relevant curiosity or finance expenses, and penalties for late or missed funds. An instance features a schedule the place a affected person agrees to pay $100 per thirty days for 12 months to cowl the price of a $1200 crown.
Such a documentation is essential for each the dental apply and the affected person. For the apply, it offers authorized safety and clarifies expectations relating to fee, lowering the danger of economic loss as a consequence of unpaid payments. For the affected person, it presents a chance to entry crucial dental care which may in any other case be unaffordable, permitting for budgeting and manageable funds. Traditionally, such preparations have developed to make dental care extra accessible and reasonably priced, reflecting the rising recognition of the significance of oral well being.
