Delta Dental of Arkansas (DDAR) is aiming to make an impact on dentists in the state through a new program.
Through the DDAR Advance Receipts Program, the company will be providing up to $6.5 million in emergency financial assistance to its in-network dental providers. The funds are designed to “ease the financial strain that dental practices are undergoing as a result of COVID-19,” according to a news release.
Practices are eligible to receive up to five advances, each equal to 40 percent of the average weekly DDAR clinical reimbursement payments made in 2019. The funds will be disbursed via check or direct deposit.
To be eligible for the program, dentists must have a practice based in Arkansas, must be in one or more Delta Dental of Arkansas networks, and must have only one application per Tax Identification Number (TIN).
Applications for the program will be accepted starting April 1, 2020. DDAR expects that it will require one week to review applications. Click here to apply for the program.
Delta Dental of Arkansas Foundation will also offer $500,000 in grants to community organizations for projects addressing the COVID-19 crisis.