Office

Financial Information
In order that we may continue to provide you with the finest quality care, we must request that payment be received at the time services are rendered. Our fees are based on the quality of the materials we use and our experience in performing your needed treatment.
Our goal is not to let expense prevent you from benefiting from the quality of care you desire and need, we will help you maximize your insurance benefits and make the dental expense easily manageable.
To facilitate this goal we have developed the following financial options:

• A 5% accounting adjustment is allowed when fees in excess of $200 are paid in full by cash on the day that treatment is presented or in advance of scheduling the appointment.
• Major credit cards such as Visa, Master Card, Discover, and American Express are accepted.
• We offer Health care financial groups such as CITI Health Card, Care Credit and Capital One to assist in financing.
  
  

Financial Considerations
Billing unnecessarily adds to the cost of providing health care. In order to help us keep our fees reasonable, payment is expected at the time services are rendered. We accept Visa, Master Card, Discover, American Express, Care Credit, CITI Health Card, Capital One, cash and person check. We also provide payment solutions.

If you have dental insurance, please be aware that the primary objective of all types of dental insurance is to reimburse you for certain dental expenses. It is not intended to pay for all of it, so please consider dental insurance as a helpful way to reimburse you for some of your dental cost.

Insurance Information
Contemporary Dentistry will help you receive the maximum benefits from your insurance plan. Please remember that insurance is considered a method of reimbursement for the patient for fees paid to the doctor and is not a substitute for payment.

Some insurance companies pay fixed allowances for certain procedures and others pay a percentage of the charge. It is your responsibility to pay for your insurance carrier. We do advise patients not to rely on insurance coverage for complete dental care.

For your convenience, our business offices will submit claims electronically, utilizing the latest computer technology.

Insurance and Financial Contracts
(These are only a few. Please call us at: (734) 455-0095 in Canton or (313) 581-4881 in Dearborn and feel free to e-mail us at: info@contemporarydental.com to check on your insurance policy)

• ADN Dental Network
• Aetna
• Ameritas
• Blue Cross/Blue Shield
• Connection Dental
• Delta Dental
• Delta Health Alliance
• Dente Max
• Golden Dental
• Guardian
• Humana
• Met Life
• Uni-Care
• United Concordia
• United Healthcare
  
  

How Uncle Sam Can Help Pay For Your New Smile
For this example, we assume an adjusted gross income of $65,000 and a 25% tax bracket. For this situation, any dental treatment beyond 7.5% of AGI ($4875) is fully tax-deductible.

If your treatment for implant or cosmetic dentistry is $50,000, then $45,125 is fully tax deductible. By taking this deduction on your tax return, you receive a tax refund of roughly $11, 281.

A home equity loan for the full amount of treatment ($50,000) would have a payment of roughly $430 per month (assuming a 6.15% rate for 15 years). The interest on this loan would be fully tax deductible over the loan's life.

If the tax refund was applied immediately to the loan and the loan was refinanced, the new payment would be approximately $329 with the interest portion of the loan being again tax deductible over its life.

By getting your care done today, not only do you get it done locking in your cost in today's dollars (the average cost for complex dental care increases 5-7% yearly!) but the IRS benefit to you is significant from a tax standpoint. The IRS will literally give you $11, 281 back on your taxes to benefit your health!

Dental associations