According to a new 2023 Synchrony Dental Lifetime of Care study,
conducted on behalf of CareCredit, individuals surveyed underestimated
the amount of out-of-pocket expenses they could pay for dental care
throughout their lifetime. The study provides insights on people’s
perceptions of the cost of dentistry and how that perception affects their
oral healthcare decisions.
Dental care for the average adult
surveyed, aged 20-79 can cost $51K
for single coverage and up to $95K+
for couple and family coverage over
a lifetime
Only 30% find understanding dental
health expenses easy
Among those who have insurance, half
did not know their annual maximum and
1 out of 4 did not know annual premium
Nearly half of respondents who delayed care
reported additional dental issues as a result
would probably or definitely
choose a payment option
that provided predictable,
set, equal payments without
having to use their general
purpose or retail credit card.
This content is subject to change without notice and offered for informational use only. You are urged to consult with your
individual advisors with respect to any information presented. Synchrony and any of its affiliates, including CareCredit (collectively,
“Synchrony”) makes no representations or warranties regarding this content and accepts no liability for any loss or harm arising
from the use of the information provided. Your receipt of this material constitutes your acceptance of these terms and conditions.
30%
1/4
58%
$
51k
$
95k
Read the complete study at https://dentallifetimeofcare.com
DENTAL
LIFETIME OF
CARE STUDY
AT-A-GLANCE
DENTAL CARE COSTS CAN BE EXPENSIVE
AND CONFUSING
PATIENTS HOLD OFF ON CARE, WHICH CAN
CAUSE ADDITIONAL ISSUES
PAYMENT OPTIONS MAY HELP MORE
PATIENTS GET CARE
of respondents said they’d hold
off on dental care if cost was
less than $1,000
52%
of respondents said they were not ready/
prepared for their largest out-of-pocket dental
expense, ranging from exams to implants
46%
MOST PEOPLE DO NOT PROACTIVELY PLAN
FOR THEIR DENTAL CARE COSTS
of respondents are saving for
dental care costs, and those who
do save have on average $648
26%
$648
$
COST IS OFTEN THE BARRIER TO CARE
of surveyed consumers
expressed that dental care
is not affordable
58%
of those without dental
insurance said dental care
is not affordable
75%
