Throughout 2023, Dentists’ Provident has continued supporting dental professionals. Their claims report for 2023 shows that 99 per cent of new claims received a payment, compared to 99.1 per cent in 2022.
The largest amount paid to an individual claimant was £87,800, and whilst the majority of the claims paid were to those aged 46-55 years old, the youngest claimant was a 26-year-old dentist.
Simon Elliott, chief risk officer of Dentists’ Provident, said, “In 2023, our claims decreased, mainly due to fewer covid related claims. In another year of change and challenge for the dental professions, we are pleased to have remained a source of stability and assurance to our members. Our high claim payment rate and low levels of complaints are a testament to the benefits of an integrated approach to underwriting and claims. By following a thorough underwriting process, we seek to minimise issues for our members when they really need us.”
The report shows that musculoskeletal disorders (23 per cent), accidents (15 per cent) and psychiatric disorders (13 per cent) continued to remain some of the most significant reasons for claims.
Farrukh Mirza, CEO at Dentists’ Provident, added, “We take pride in our plans and our service, which gives members confidence they have a dependable income protection plan that works for them.”
As a member-owned and led mutual, Dentists’ Provident’s sole objective for over 110 years has been helping dental professionals achieve financial security during periods of illness or injury.
For more information or read the full report visit www.dentistsprovident.co.uk/media/1858/claims-stats-2023.pdf