Delta Dental of California, Massachusetts offer financial relief to dentists in midst of COVID-19 pandemic

 Image of Randall Markarian
Dr. Markarian
Two additional Delta Dental member companies announced details April 27-28 of programs that will provide economic assistance and post-COVID-19 pandemic relief for members of its independent provider networks across 16 states and the District of Columbia.

This is in addition to a number of other Delta Dental member companies that have announced similar programs. The ADA maintains a tracker as a reference for dental offices interested in these programs.

“We recognize and appreciate the Delta Dental member companies coming forward with financial assistance programs for dentists” said Dr. Randall Markarian, ADA Council on Dental Benefit Programs chair. “While we have contacted other major carriers, the Delta system has been the first to respond.”

Delta Dental of California, which offers oral health care coverage to more than 36 million patients, announced April 27 the details of a $200 million loan program that will provide economic assistance and post-COVID-19 pandemic relief for its independent provider network in 15 states and the District of Columbia.

Delta Dental of Massachusetts, which covers more than 2 million patients, announced April 28 that it is donating $2 million to the Massachusetts Dental Society Foundation COVID-19 Recovery Fund, established to support the continued viability of community dental offices and dentists across the Commonwealth. This would be the first, but not only, step that Delta Dental of Massachusetts is taking to support dentists through this unprecedented time, said Dennis Leonard, president and CEO of Delta Dental of Massachusetts, in a Delta Dental news release.

The Delta Dental of California program is a partnership with Lendeavor, a digital lender that provides financial solutions to health care practices, which will manage the program.

The Delta Dental of California loan assistance program, which will launch April 30, features a combination of cash flow relief and interest savings, according to a Delta Dental news release, including:
• The first 12 months of interest on refinance and working capital loans covered by Delta Dental.
• The second 12 months of interest on working capital loans arranged by Delta Dental and covered by Lendeavor.
• Deferred payments for six months.
• Working capital up to 15% of previous year's collections, capped at $200,000.
• A 126-month term, which can reduce monthly payments significantly.

The loan program will be available to Delta Dental of California’s independent network provider practices, which includes those in Delta Dental of California’s operating areas of Alabama, California, Delaware, Florida, Georgia, Louisiana, Maryland, Mississippi, Montana, Nevada, New York, Pennsylvania, Texas, Utah, West Virginia and the District of Columbia.

For more information about the Delta Dental of California loan program, qualification details and application process, Delta Dental providers can visit or call the Lendeavor program support line at 1-415-874-5420.

The Massachusetts Dental Society Foundation established its COVID-19 Recovery Fund on April 21, with an internal commitment of $300,000 and a goal of raising $2 million from other parties. The Delta Dental of Massachusetts contribution fully funds the fundraising target, and the society will identify and determine the most meaningful ways to distribute these funds, according to the news release.