![]() Rappaport said the company also plans to eventually bring dental care offerings to small and medium-sized businesses. One opportunity could be to offer transparent tooth aligners, helping Quip enter the lucrative market populated by emerging companies like SmileDirectClub, Candid Co. “Ī nationwide rollout of Quipcare will begin in 2020, and the startup hopes to expand the types of services, plans and payment options available to meet the needs of individuals and employers. “We want to be able to give members the reassurance that we are managing a top-notch supplier network, and not just someone filling out an application. Transparency is not exactly what you get, ”Rappaport said. “Traditional dental insurance can be confusing with deductibles, co-payments and premiums that don’t tell the whole story. But the company is pitching its product as a way to provide access to dental care to the more than 70 million people who currently do not have dental insurance through a less confusing, technology-based system.Īnother potential market is for patients who have access to basic dental insurance, but have reached maximum annual rates or are looking to pay for procedures that are outside of their covered benefits. However, the monthly cost of Quipcare + is comparable to existing dental insurance premiums. The company claims to be able to provide services at prices 30 to 40 percent below average regional rates. “We want you to be able to browse providers, see what the rates are transparent and really book and pay through our platform,” said Jeffrey Rappaport, Director of Care at Quip. A list of sample prices for common procedures can be viewed here. A full checkup, which includes a dental exam, teeth cleaning, and x-rays, costs $ 295 at the company’s New York City launch market. Without Quipcare +, users are required to purchase these à la carte services for a fixed reservation fee. Membership in Quipcare is free, but there is an enhanced option called Quipcare +, which offers additional preventative services such as annual check-ups and professional teeth cleaning for a monthly fee of $ 25. The service aims to be a more transparent system for purchasing dental care that allows users to see pre-negotiated rates for procedures from dentists in the Quipcare network and to book appointments through a mobile app. New York startup Quip – known for its line of consumer oral care products, including toothpaste and electric toothbrushes – has launched a new alternative to pay-as-you-go dental insurance called Quipcare.
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