ethical and moral issues ( Dollars & Dentists )
While the Dollars and Dentists video was filled with non-stop ethical and moral dilemmas ranging from personal hygiene to governmental insurance, I am going to focus on the oral health providers (Dentists). The video described two perspective that present two different sets of issues; private practice dentists and corporate backed dentists.
For individuals who own their own dental practice they are faced with massive amounts of debt which averages $261,000 (ASDA, 2016), overhead (350,000 annually) (Able, 2006), start-up costs which can range between $350,000-550,000 (Amos, 2017), and trying to make a comfortable living for their families. They work autonomously and have a lot of freedom to work as long or short of a day as they wish. They can also set prices and decide what insurance they will accept and what insurance they won’t accept.
The second group of dentists are those who work in dental offices that are owned by equity based companies. These offices are becoming popular in many parts of the country as more and more private practice dentist are turning away patients who rely on Medicaid and/or Medicare insurance. There is an appeal to dentists to join these types of practices. While they lose autonomy, they are not saddled with the expenses of starting a new practice, they have a business office to bill patients and insurance companies. They also pretty much are able to work a 9-5 job without the responsibilities of owning and running a private practice.