Latest news with #CDCP
Vancouver Sun
3 days ago
- Health
- Vancouver Sun
The federal dental care plan is expanding. Here's how you can get access
The Canadian Dental Care Plan is undergoing an expansion this month. As of May 2025, all remaining eligible adults aged 18 to 64 can apply for dental coverage, with benefits beginning as early as June 1. Since its launch, 3.4 million Canadians were approved to be part of the plan, and 1.7 million have already received care, Ottawa says . The program initially prioritized seniors, children, and people with disabilities, notes the Royal College of Dental Surgeons of Ontario . Applications are now being accepted throughout the month of May based on age: ages 55 to 64 since May 1, ages 35 to 54 since May 15, and ages 18 to 34 as of May 29. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. To qualify, applicants must be Canadian residents for tax purposes, not have access to private dental insurance (for example, through employer or pension plans), have filed their 2024 tax return (and partner's if applicable) and have a net income less than $90,000. These criteria aim to make dental care more affordable for people without access to private insurance, particularly targeting low- and middle-income Canadians , Ottawa says. The CDCP reduces or eliminates out-of-pocket costs for essential dental services. This could be beneficial for families and individuals who have delayed or avoided dental visits due to cost, enabling them to receive regular check-ups and timely treatments. With the expansion, more Canadians will be able to access preventive services like cleanings and check-ups , which help reduce the risk of severe dental issues and improve long-term oral health outcomes. While the plan covers many essential services, not all treatments are included, and some patients may still face balance billing if the cost of care exceeds the plan's reimbursement rates, says the RCDSO . However, the expansion is expected to make dental care more affordable and accessible for eligible Canadians. The annual reimbursement limit has increased from $2,500 to $3,000 per year as of Jan. 1, 2025, with further increases planned by 2027. Coverage for major restorative services (such as complete or partial dentures and crowns) has increased to 65 per cent for eligible individuals aged 23 and above, up from previous levels. Several new dental services are now covered, including tomography, oral surgery anesthesia, injections and assessments for temporomandibular joint (jaw) disorders, and orthodontic services (covered only in cases of strict medical need and with pre-authorization; subject to a maximum spending limit). Some services, especially those beyond established frequency limits, require preauthorization by the CDCP. Not all requests will be approved , and patients may still choose to pay out of pocket for non-covered procedures. Current CDCP members must renew their coverage for the upcoming period. Renewal applications must be submitted by June 1, 2025, to avoid any interruption in benefits. Coverage will end on June 30, 2025, for people who do not renew, and any dental services received during a lapse will not be reimbursed. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .
National Post
3 days ago
- Business
- National Post
The federal dental care plan is expanding. Here's how you can get access
Article content As of May 2025, all remaining eligible adults aged 18 to 64 can apply for dental coverage, with benefits beginning as early as June 1. Article content Since its launch, 3.4 million Canadians were approved to be part of the plan, and 1.7 million have already received care, Ottawa says. The program initially prioritized seniors, children, and people with disabilities, notes the Royal College of Dental Surgeons of Ontario. Article content Applications are now being accepted throughout the month of May based on age: ages 55 to 64 since May 1, ages 35 to 54 since May 15, and ages 18 to 34 as of May 29. Article content Article content How do you qualify? Article content To qualify, applicants must be Canadian residents for tax purposes, not have access to private dental insurance (for example, through employer or pension plans), have filed their 2024 tax return (and partner's if applicable) and have a net income less than $90,000. Article content These criteria aim to make dental care more affordable for people without access to private insurance, particularly targeting low- and middle-income Canadians, Ottawa says. Article content What does the plan do? Article content The CDCP reduces or eliminates out-of-pocket costs for essential dental services. This could be beneficial for families and individuals who have delayed or avoided dental visits due to cost, enabling them to receive regular check-ups and timely treatments. Article content With the expansion, more Canadians will be able to access preventive services like cleanings and check-ups, which help reduce the risk of severe dental issues and improve long-term oral health outcomes. Article content Article content While the plan covers many essential services, not all treatments are included, and some patients may still face balance billing if the cost of care exceeds the plan's reimbursement rates, says the RCDSO. However, the expansion is expected to make dental care more affordable and accessible for eligible Canadians. Article content Article content Several new dental services are now covered, including tomography, oral surgery anesthesia, injections and assessments for temporomandibular joint (jaw) disorders, and orthodontic services (covered only in cases of strict medical need and with pre-authorization; subject to a maximum spending limit).
Business Wire
12-05-2025
- Business
- Business Wire
Dentalcorp Reports First Quarter 2025 Results
TORONTO--(BUSINESS WIRE)--dentalcorp Holdings Ltd. ('Dentalcorp' or the 'Company') (TSX: DNTL), Canada's largest and one of North America's fastest growing networks of dental practices, today announced its financial and operating results for the first quarter ended March 31, 2025, reaffirmed the full year 2025 guidance previously provided in the Company's news release dated March 21, 2025, and announced its outlook for the second quarter of 2025. All financial figures are in Canadian dollars unless otherwise indicated. 'Our teams across the country delivered another quarter of strong results, with revenue and Adjusted EBITDA growth of approximately 10% and 11%, respectively, over the first quarter of 2024, and setting new highs for both metrics. We continued to realize operating leverage across the business, with first quarter Adjusted EBITDA Margin expanding 20 basis points over the first quarter of 2024 to 18.5%, marking our fourth consecutive quarter of year-over-year Adjusted EBITDA Margin expansion,' said Graham Rosenberg, CEO and Chairman of Dentalcorp. 'We generated a record $44.3 million in Adjusted Free Cash Flow in the first quarter of 2025, representing an increase of approximately 26% over the first quarter of 2024,' Rosenberg continued. 'This led to continued deleveraging, with our Net Debt / PF Adjusted EBITDA after rent Ratio decreasing to 3.77x, a reduction of 0.57x from the first quarter of 2024, marking our sixth consecutive quarter of deleveraging,' Rosenberg said. 'Following a strong first quarter of 2025 that exceeded expectations, we're carrying this momentum into the second quarter, anticipating SPRG of 3.0% to 5.0%, revenue growth of 9.0% to 10.0%, and Adjusted EBITDA Margin expansion of 20 basis points over the second quarter of 2024, to 18.7%,' Nate Tchaplia, President and Chief Financial Officer said. 'During the first quarter of 2025, we acquired 12 new practices that are expected to generate $8.3 million in PF Adjusted EBITDA after rent, at an average multiple of 7.4x, and as of today, have closed on or signed LOIs for acquisitions representing 70% of our annual target,' Tchaplia continued. 'With regards to the federal government's Canadian Dental Care Plan ('CDCP'), we have treated over 95,000 CDCP patients with 95% of our practices currently accepting CDCP patients. During the first quarter of 2025, the federal government announced that the 18-64 age cohort will be eligible to receive treatment under the program as of June 1, 2025. This announcement led to some visit deferrals in the quarter and we expect this to continue until these new eligible patients can begin their treatment,' Tchaplia concluded. 'We are reaffirming our full year 2025 guidance, where we expect to see SPRG of 3.0% to 5.0%, an accelerated pace of M&A with acquisitions representing $25 million+ of PF Adjusted EBITDA after rent, Pre-tax Adjusted Free Cash flow per Share growth of 15%+, and another year of Adjusted EBITDA Margin expansion of 20+ basis points,' said Rosenberg. Other Metrics Adjusted EBITDA (a) 75.9 68.1 Adjusted net income (a) 20.7 24.7 Adjusted free cash flow (a) 44.3 35.2 Expand (a) Non-IFRS financial measure, non-IFRS ratio or supplementary financial measure. See the 'Non-IFRS and Other Financial Measures and Ratios' section of this release for definitions and quantitative reconciliations. Expand Conference Call Notification The Company will hold a conference call to provide a business update on Monday, May 12, 2025, at 8:30 a.m. ET. A question-and-answer session will follow the business update. Non-IFRS and Other Financial Measures and Ratios As appropriate, we supplement our results of operations determined in accordance with IFRS with certain non-IFRS and other financial measures and ratios that we believe these non-IFRS and other financial measures are useful to investors, lenders and others in assessing our performance and highlighting trends in our core business that may not otherwise be apparent when relying solely on IFRS measures. Our management also uses non-IFRS measures for purposes of comparing to prior periods; preparing annual operating budgets; developing future projections and earnings growth prospects; measuring the profitability of ongoing operations; analyzing our financial condition, business performance and trends, including the operating performance of the business after taking into consideration the acquisitions of dental practices; and determining components of employee compensation. As such, these measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective, including how we evaluate our financial performance and how we manage our capital structure. We also believe that securities analysts, investors and other interested parties frequently use these non-IFRS and other financial measures and industry metrics in the evaluation of issuers. These non-IFRS and other financial measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS, may include or exclude certain items as compared to similar IFRS measures and may not be comparable to similarly-titled measures reported by other companies. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. For further information on non-IFRS and other financial measures and ratios, including the most directly comparable IFRS measures, composition of the measures, a description of how we use these measures, an explanation of how these measures are useful to investors and applicable reconciliations, refer to the 'Non-IFRS and Other Financial Measures', 'Non-IFRS Financial Measures', 'Non-IFRS Ratios' and 'Certain Supplementary Financial Measures' sections of management's discussion and analysis of operations for the three months and year ended March 31, 2025, which is available on the Company's profile on SEDAR+ at EBITDA 'EBITDA' means, for the applicable period, net loss and comprehensive loss plus (a) net finance costs, (b) income tax expense (recovery), and (c) depreciation and amortization. Management does not use EBITDA as a financial performance metric, but we present EBITDA to assist investors in understanding the mathematical development of Adjusted EBITDA and Same Practice EBITDA Growth. The most comparable IFRS measure to EBITDA is Net loss and comprehensive loss, for which a reconciliation is provided below. Adjusted EBITDA 'Adjusted EBITDA' is calculated by adding to EBITDA certain expenses, costs, charges or benefits incurred in such period which in management's view are either not indicative of underlying business performance or impact the ability to assess the operating performance of our business, including: (a) net impact of unrealized foreign exchange gains or losses on non-cash balances; (b) share-based compensation; (c) external acquisition expenses; (d) change in fair value of financial instruments at fair value through profit or loss; (e) other corporate costs; (f) loss on disposal of dental practices; (g) loss on disposal and impairment of property and equipment and intangible assets; (h) loss on settlement of other receivables; (i) impairment of right-of-use assets; (j) post-employment benefits; and (k) short-term benefits. Adjusted EBITDA is a supplemental measure used by management and other users of our financial statements to assess the financial performance of our business without regard to the effects of interest, depreciation and amortization costs, expenses that are not considered reflective of underlying business performance, and other expenses that are expected to be one-time or non-recurring. We use Adjusted EBITDA to facilitate a comparison of our operating performance on a consistent basis from period to period and to provide for a more complete understanding of factors and trends affecting our business. The most comparable IFRS measure to Adjusted EBITDA is Net loss and comprehensive loss. Adjusted EBITDA Margin 'Adjusted EBITDA Margin' means Adjusted EBITDA divided by revenue. We use Adjusted EBITDA Margin to facilitate a comparison of our operating performance on a consistent basis from period to period and to provide for a more complete understanding of factors and trends affecting our business. (a) Represents professional fees and other expenses paid to third parties that are incurred in connection with individual practice acquisitions and are not related to the underlying business operations of the Company. (b) Represents costs associated with the implementation of new corporate technology systems, the undertaking of vendor consolidations, termination benefits and restructuring activities, and professional fees related to the settlement of the management loan program and issuance of preferred shares, executive search arrangements, other non-recurring capital market initiatives and the implementation of the CDCP. Also included are costs associated with the purchase of profit rights held by Associate dentists in the cash flows of our dental practices and losses of dental practices that were disposed of during the period. (c) Represents the loss on disposal of dental practices that were disposed of during the reporting period. (d) Represents post-employment benefits provided to the Company's former President. Expand Adjusted Free Cash Flow 'Adjusted free cash flow' is calculated by adding or subtracting from cash flow from operating activities: (a) external acquisition expenses; (b) other corporate costs; (c) post-employment benefits; (d) short-term benefits; (e) repayment of principal on leases; (f) maintenance capital expenditure; and (g) changes in working capital. We use Adjusted free cash flow to facilitate a comparison of our operating performance on a consistent basis from period to period, to provide for a more complete understanding of factors and trends affecting our business, and to determine components of employee compensation. The most comparable IFRS measure to Adjusted free cash flow is cash flow from operating activities, for which a reconciliation is provided below. (a) Represents professional fees and other expenses paid to third parties that are incurred in connection with individual practice acquisitions and are not related to the underlying business operations of the Company. (b) Represents costs associated with the implementation of new corporate technology systems, the undertaking of vendor consolidations, termination benefits and restructuring activities, and professional fees related to the settlement of the management loan program and issuance of preferred shares, executive search arrangements, other non-recurring capital market initiatives and the implementation of the CDCP. Also included are costs associated with the purchase of profit rights held by Associate dentists in the cash flows of our dental practices and losses of dental practices that were disposed of during the period. (c) Represents post-employment benefits provided to the Company's former President. (d) Represents capital expenditures for general maintenance and safety compliance of dental practices for the reporting period. (e) Represents the change in non-cash working capital items for the reporting period. Expand Adjusted free cash flow per Share 'Adjusted free cash flow per Share' means Adjusted free cash flow divided by the total number of Shares on a fully diluted basis. Adjusted free cash flow per Share is utilized to determine components of employee compensation. Pre-tax Adjusted Free Cash Flow 'Pre-tax Adjusted free cash flow' in respect of a period means Adjusted free cash flow less cash income tax (recovery) expense. We use Pre-tax Adjusted free cash flow to facilitate a comparison of our operating performance on a consistent basis from period to period, to provide for a more complete understanding of factors and trends affecting our business, and to determine components of employee compensation. The most comparable IFRS measure to Pre-tax Adjusted free cash flow is cash flow from operating activities. Pre-tax Adjusted Free Cash Flow per Share 'Pre-tax Adjusted free cash flow per Share' means Pre-tax Adjusted free cash flow, divided by the total number of Shares on a fully diluted basis. Pre-tax Adjusted free cash flow per Share is utilized to determine components of employee compensation. Adjusted Net Income 'Adjusted net income' is calculated by adding to Net loss and comprehensive loss certain expenses, costs, charges or benefits incurred in such period which in management's view are either not indicative of underlying business performance or impact the ability to assess the operating performance of our business, including: (a) amortization of intangible assets; (b) share-based compensation; (c) change in fair value of contingent consideration; (d) external acquisition expenses; (e) other corporate costs; (f) loss on disposal of dental practices; (g) change in fair value of preferred shares; (h) loss on disposal and impairment of property and equipment and intangible assets; (i) loss on settlement of other receivables; (j) impairment of right-of-use assets; (k) loss on modification of borrowings; (l) post-employment benefits; (m) short-term benefits; (n) change in fair value of other financial liability; and (o) the tax impact of the above. We use Adjusted net income to facilitate a comparison of our operating performance on a consistent basis from period to period and to provide for a more complete understanding of factors and trends affecting our business. The most comparable IFRS measure to Adjusted net income is Net loss and comprehensive loss, for which a reconciliation is provided below. (a) On acquisition, and at each subsequent reporting date, obligations under earn-out arrangements are measured at fair value with the changes in fair value recognized in the condensed interim consolidated statements of loss and comprehensive loss. (b) The Company has several De novo practices whereby the Company has issued certain put and call options over the Associate Dentists' profit rights, which have been classified as a financial liability at FVTPL. At each reporting date, changes in fair value are recognized in the condensed interim consolidated statements of loss and comprehensive loss. (c) At each reporting date, the Company's investment in the Management Preferred Shares, which are classified as a financial asset at FVTPL, are revalued with changes in fair value recognized in the condensed interim consolidated statements of loss and comprehensive loss. (d) Represents professional fees and other expenses paid to third parties that are incurred in connection with individual practice acquisitions and are not related to the underlying business operations of the Company. (e) Represents costs associated with the implementation of new corporate technology systems, the undertaking of vendor consolidations, termination benefits and restructuring activities, and professional fees related to the settlement of the management loan program and issuance of preferred shares, executive search arrangements, other non-recurring capital market initiatives and the implementation of the CDCP. Also included are costs associated with the purchase of profit rights held by Associate dentists in the cash flows of our dental practices and losses of dental practices that were disposed of during the period. (f) Represents the loss on disposal of dental practices that were disposed of during the reporting period. (g) Represents the loss on modification of the Company's outstanding credit facilities upon entering into an amended and restated credit agreement. (h) Represents post-employment benefits provided to the Company's former President. Expand PF Adjusted EBITDA 'PF Adjusted EBITDA' in respect of a period means Adjusted EBITDA for that period plus the Company's estimate of the additional Adjusted EBITDA that it would have recorded if it had acquired each of the dental practices that it acquired during that period on the first day of that period, calculated in accordance with the methodology described in the reconciliation table in 'Reconciliation of Non-IFRS Measures'. Both creditors and the Company use PF Adjusted EBITDA to assess our borrowing capacity, which management believes, given the highly acquisitive nature of our business, is more reflective of our operating performance. We also use PF Adjusted EBITDA to determine components of employee compensation. The most comparable IFRS measure to PF Adjusted EBITDA is Net loss and comprehensive loss. (a) Represents the additional Adjusted EBITDA that we estimate would have been recorded if the Company's dental practice acquisitions had occurred on the first day of the applicable reporting period. These estimates are based on the amount of Practice-Level EBITDA budgeted by us to be earned by the relevant practices at the time of their acquisition by us. There can be no assurance that if we had acquired these practices on the first day of the applicable reporting period, they would have actually generated such budgeted Practice-Level EBITDA, nor is this estimate indicative of future results. Expand PF Adjusted EBITDA after rent 'PF Adjusted EBITDA after rent' in respect of a period means PF Adjusted EBITDA less interest and principal repayments on leases and lease interest and principal repayments on acquisitions. Both creditors and the Company use PF Adjusted EBITDA after rent to assess our borrowing capacity, which management believes, given the highly acquisitive nature of our business, is more reflective of our operating performance. The most comparable IFRS measure to PF Adjusted EBITDA after rent is Net loss and comprehensive loss. PF Revenue 'PF Revenue' in respect of a period means revenue for that period plus the Company's estimate of the additional revenue that it would have recorded if it had acquired each of the dental practices that it acquired during that period on the first day of that period. Given the highly acquisitive nature of our business, management believes PF Revenue is more reflective of our operating performance. We use PF Revenue to determine components of employee compensation. The most comparable IFRS measure to PF Revenue is revenue. Net debt / PF Adjusted EBITDA after rent Ratio 'Net debt / PF Adjusted EBITDA after rent Ratio' means non-current borrowings divided by PF Adjusted EBITDA after rent. We use Net debt / PF Adjusted EBITDA after rent Ratio to assess our borrowing capacity. Same Practice Revenue Growth 'Same Practice Revenue Growth' in respect of a period means the percentage change in revenue derived from Established Practices in that period as compared to revenue from the same dental practices in the corresponding period in the immediately prior year. About Forward-Looking Information This release includes forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation, including the Securities Act (Ontario). Forward-looking information includes, but is not limited to, statements about the Company's objectives, strategies to achieve those objectives, our financial outlook, and the Company's beliefs, plans, expectations, anticipations, estimates, or intentions. Forward-looking information includes words like could, expect, may, anticipate, assume, believe, intend, estimate, plan, project, guidance, outlook, target, and similar expressions suggesting future outcomes or events. Our forward-looking information includes, but is not limited to, the information and statements under ' First Quarter 2025 Highlights ' and 'Second Quarter 2025 Outlook' relating to our goals for the second quarter of 2025 for Revenue, Same Practice Revenue Growth, Adjusted EBITDA Margin, PF Adjusted EBITDA after rent attributable to practices acquired in 2025 and our medium-term expectations regarding Same Practice Revenue Growth and Net Debt / PF Adjusted EBITDA after rent Ratio. Such forward-looking information relating to these metrics are not projections; they are goals based on the Company's current strategies and may be considered forward-looking information under applicable securities laws and subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond the control of the Company and its management. The purpose of disclosing such forward-looking information is to provide investors with more information concerning the financial results that the Company currently believes are achievable based on the assumptions below. Readers are cautioned that the information may not be appropriate for other purposes. While these targets are based on underlying assumptions that management believes are reasonable in the circumstances, readers are cautioned that actual results may vary materially from those described above. Forward-looking statements are necessarily based upon management's perceptions of historical trends, current conditions and expected future developments, as well as a number of specific factors and assumptions that, while considered reasonable by management as of the date on which the statements are made, are inherently subject to significant business, economic and competitive uncertainties and contingencies which could result in actions, events, conditions, results, performance or achievements to be different or materially different from those projected in the forward-looking statements. Forward-looking information is based on many factors and assumptions including, but not limited to, the impact of, and the enrollment of patients in, the CDCP; expectations regarding the Company's business, operations and capital structure; that the Company's acquisition program continues as it has historically, including the Company maintaining its ability to continue to make and integrate acquisitions at attractive valuations including a reduction in acquisition purchase multiples as compared to prior periods; the Company's ability to realize pricing increases, materially driven by Provincial fee guides; a continued increase in patient visit volumes through patient recall and insourcing initiatives that drive the expansion of service offerings and frequency of visits to contribute to optimal patient care; the impact of the investments the Company has made in its corporate infrastructure and teams, and the upgrades to its core information technology systems; the Company's ability to mitigate anticipated supply chain disruptions, geopolitical risks, inflationary pressures and labour shortages, and generate cash flow; no changes in the competitive environment or legal or regulatory developments affecting our business; and visits by patients to our Practices at or above the same rate as current visits. Actual results and the timing of events may differ materially from those anticipated in the forward-looking information as a result of known and unknown risk factors, many of which are beyond the control of the Company, and could cause actual results to differ materially from the forward-looking statements. Such risks include, but are not limited to, the Company's potential inability to successfully execute its growth strategy and complete additional acquisitions; its dependence on the integration and success of its acquired dental practices; its dependence on the parties with which the Company has contractual arrangements and obligations; changes in relevant laws, governmental regulations and policy and the costs incurred in the course of complying with such changes; risks relating to the current economic environment, including the impact of any tariffs and retaliatory tariffs on the economy; risk associated with disease outbreaks; competition in the dental industry; increases in operating costs; litigation and regulatory risk; and the risk of a failure in internal controls and other factors described under 'Risk Factors' in the Company's Annual Information Form for the year ended December 31, 2024 and in this release. Accordingly, we warn readers to exercise caution when considering statements containing forward-looking information and caution them that it would be unreasonable to rely on such statements as creating legal rights regarding the Company's future results or plans. We are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information or the factors or assumptions underlying them, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. All of the forward-looking information in this release is qualified by the cautionary statements herein. About Dentalcorp Dentalcorp is Canada's largest and one of North America's fastest growing networks of dental practices, committed to advancing the overall well-being of Canadians by delivering the best clinical outcomes and unforgettable experiences. Dentalcorp acquires leading dental practices, uniting its network in a common goal: to be Canada's most trusted healthcare network. Leveraging its industry-leading technology, know-how and scale, Dentalcorp offers professionals the unique opportunity to retain their clinical autonomy while unlocking their potential for future growth. To learn more, visit
Associated Press
30-04-2025
- Health
- Associated Press
Empowering Communities: Magnolia Dental Waterdown's Commitment to CDCP Outreach Programs
Magnolia Dental Waterdown enhances access to quality care through CDCP support, championing affordable dentistry and community-focused oral health programs. WATERDOWN, ONTARIO, CANADA, April 30, 2025 / / -- Magnolia Dental Waterdown, has come up with significant practice enhancements that aim to improve community access to quality oral healthcare. Apart from the implementation of innovative dental technologies, Magnolia Dental takes a special interest in affordable dental care by supporting the Canadian Dental Care Plan (CDCP). Through this initiative, dentistry in Waterdown is reinforcing its commitment to accessible dental care for all. The practice has invested in technological advancement by installing sophisticated diagnostic equipment like advanced intraoral imaging, high-resolution digital X-rays, and comprehensive 3D scanning systems. This family care dental clinic has a multidisciplinary team that comprises general dental practitioners, orthodontic specialists, and periodontal experts. These doctors develop highly individualized care strategies for the patients and discuss with them so that they can benefit through informed participation in their dental health decisions. In a transformative move for community health access, Magnolia Dental has become one of the leading providers accepting the Canada Dental Care Plan in Waterdown. 'Many residents don't realize they qualify for coverage under the Canada Dental Care Plan. It could be due to the challenges they face in the application process,' says Dr. Inkesh Bajaj, principal dentist at Magnolia Dental Waterdown. He says, 'We want to help connect the Waterdown residents with resources they are entitled to receive.' To help out those residents who are unfamiliar with this government program, their CDCP navigation team offers personalized and dedicated assistance to determine eligibility and complete applications. A few of the core requirements are being a Canadian resident for tax purposes, having an adjusted family net income below $90,000, having filed their tax return of the previous year, and most importantly, confirming they have no access to any form of dental insurance. People are likely to have a confusion about who qualifies for CDCP coverage. The CDCP navigation team explains to patients that having access to any dental benefits (even through the employment of a family member, pension plans, professional organizations, or student coverage) disqualifies them from the program. The team carefully walks patients through these considerations to ensure they meet all eligibility criteria before applying. Another group of Individuals who remain ineligible for CDCP are those who have deliberately opted out of available employer benefits or those with access to health and wellness accounts covering dental services. The practice guides patients to pay close attention to these nuances so that potential eligibility issues can be prevented. These eligibility issues could result in program removal or requirements to repay treatment costs. The Waterdown family dentistry offers a comprehensive dental services portfolio that addresses the complete spectrum of oral health requirements. Their preventative dental procedures include professional cleanings, protective fluoride applications, and dental sealants. Restorative services repair compromised teeth through fillings, crowns, and endodontic therapy, while aesthetic dental procedures include professional whitening and dental veneers. Additional specialties encompass orthodontic alignment, comprehensive periodontal treatment, specialized pediatric dentistry, surgical procedures including implantology, and urgent care services with same-day availability. Magnolia Dental is committed to outreach programs, CDCP being one of them, and considers it a significant step toward addressing healthcare inequities in the Waterdown community. The practice endeavors to support such community-based programs and ensure that these programs reach their intended recipients. Dr. Inkesh Bajaj Magnolia Dental Waterdown + +1 647-905-6410 [email protected] Visit us on social media: LinkedIn Instagram Facebook YouTube TikTok Other Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
CBC
22-03-2025
- Health
- CBC
Free dental care accessibility expanded for millions of Canadians ahead of election
The Canadian Dental Care Plan (CDCP) has been expanded to include millions of eligible Canadians between the ages of 18 and 64, federal Health Minister Kamal Khera announced on Saturday. Applicants will be eligible if they have no access to dental insurance, have filed their 2024 tax return and have a family net income below $90,000. They'll be able to apply for the CDCP in May and could receive coverage as early as June 1.
