According to the Health Policy Institute (HPI), national dental expenditures increased by 11% from 2020 to 2021, ADA reports. The data suggest that the dental economy recovered quickly from the pandemic-induced slowdown in the industry.
PRIVATE INSURANCE AND OUT OF POCKET
Dental spending by private health insurance and out of pocket rose from a combined $115 billion in 2020 to $128 billion in 2021. This after the sharp decline in 2020, down from a combined $130 billion in 2019.
GOVERNMENT AND “OTHER” SPENDING
In the chart above, the ‘Government Programs’ category includes Medicaid, Medicare, CHIP, Department of Defense, and Department of Veterans Affairs. The ‘Other’ category includes the Paycheck Protection Program (PPP) and the Provider Relief Fund (PRF).
Combined, these two categories make up a total of around $34 billion in 2021, up from an all-time high of approximately $31 billion in 2020.
LEARN MORE…
Follow ABS on FaceBook and Twitter. Please contact us directly if you’d like to learn more about Evolution dental lab management software.