12/05/2018

Six tools for CDA members who are business owners


If you’re like many dentists, you’ve got a multifaceted role as practitioner, practice leader and entrepreneur. With your CDA membership, valuable support comes through tools and expertise available online, by phone and at association events. From protecting your property to streamlining paperwork, tap into dentistry-focused business solutions, starting with these six:

1. Get commercial property insurance that’s for dentists.

As a CDA member, you have access to exceptional protection from The Dentists Insurance Company. TDIC coverage is specific to dental offices, including adjusted limits for each practice’s individual exposures and multiline and closed-end water systems discounts. Both Business Owner’s and Lessors Risk policies are available, as well as added Cyber Suite Liability coverage. As an employer, you can also benefit from TDIC Workers’ Compensation and Employment Practices Liability policies. To apply or learn more, visit tdicinsurance.com/property.

2. Talk to a risk management analyst if you’re in doubt.

Whether or not you’re a TDIC policyholder, you can benefit from no-cost guidance from the TDIC Risk Management team. Call the confidential Advice Line for expert guidance on property claims, record keeping, general liability and more. To schedule a call or explore FAQ, visit tdicinsurance.com/advice-line.

3. Better navigate the business side of practice.

Have questions about practice management, employment practices, dental benefit plans or regulatory compliance? CDA’s experienced Practice Support analysts are here to help you, too. Submit your question through the Ask an Expert feature, search for answers to common questions or call an analyst for one-on-one guidance. Get started at cda.org/practicesupport or 800.232.7645.

4. Save time with easy-to-use forms and templates.

In addition to answers from the Practice Support team, you also have access to a comprehensive resource library online. With your cda.org login, you can view, download and print everything from a Legal Reference Guide for California Dentists to Exposure Control and Hazard Communication Plans. Check out the checklists, forms and guides at cda.org/resource-library.

5. Choose trusted practice financing solutions.

Use financial services designed for dentists to improve cash flow and facilitate growth, including solutions for equipment and office start-up, debt consolidation and real estate, acquisition and expansion loans. As an Endorsed Program, Bank of America offers CDA members reduced administration fees and flexible terms. See all of the member-exclusive Endorsed Program offers, which have been vetted by a team of CDA dentists.

6. Save big on your dental supplies.

Leverage the buying power of CDA’s large membership to reduce supply costs for your own practice. Through The Dentists Supply Company, you can shop online for a broad selection of supplies from authorized vendors. Visit tdsc.com to explore products and member-exclusive savings or to request a custom price comparison.

Explore tools designed to support dentists as business owners. Start with the online resource library at cda.org/practicesupport.



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CDA members may know about the dentist-focused coverage offered for their practices by The Dentists Insurance Company, but they may not be aware that TDIC Insurance Solutions offers individual and family plans, small-group plans and Medicare options from trusted carriers to provide affordable coverage. Open enrollment for each of these health plans is either already open or quickly approaching.

While new graduates are enthusiastic to put their clinical skills into practice, many would also admit to feeling ill-equipped for the business side of dentistry. To support new dentists in the transition to practice life, CDA offers savings and solutions for the things they may not have learned about in dental school. Here are a few of the answers CDA has for those entering practice.

Four experienced CDA Practice Support analysts are available to assist members with matters related to dental benefit plans, employment law and human resources, regulatory compliance and practice management. These specialized experts provide one-on-one guidance by email and phone and speak on timely topics at CDA’s biannual education convention. Together they’ve developed a full library of online resources that they expand upon and update throughout the year.

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