Lantis – StockGuru Profile Lantis – OTC: LSSR.PK
If you read as much news as I do … then you observe trends and the relationship between gum disease and overall health is a story the media has adopted again, and again, and again.
This is not the only media trend I am finding. Let me give you the quick one, two, three here and the details will follow.
One: It’s a given – oral health impacts overall health. The jury’s back, the verdict’s in.
Two: Health insurance carriers and buying this – treating gum disease is cost effective and it improves their cost-expense ratio, which is a big, big deal.
Three: Health insurance carriers are beginning to cover gum disease for high risk categories.
Four: Health insurance carriers are purchasing dental insurance carriers.
Five: Reimbursement for treatment of gum disease means dentists will need and can afford the latest imaging technology, which will be Lantis Laser. They can bill health insurance carriers for its use!
Six: It’s All Good for Lantis Laser.
Media All Over Gum Disease and Link to Over All Health Issues
The media is quick to identify health insurance carriers that are offering treatments for gum disease pursuant to health care issues and policies and wholly outside of dental care policies. However, I am reading a strong hue and cry also for Medicaid and Medicare to cover treatment for gum disease — more business for Lantis!
The story magazines and newspapers relate — obviously with various details and applications — is a familiar one to our regular readers and it goes like this:
Dental problems are among the leading causes of work and school absences. Doctors have linked a bacteria that causes gum disease to heart and circulation problems. Studies have found that gum disease might increase the risk of diabetes, heart disease, premature births and other problems. Gum pockets store bacteria. These germs, or their toxic by- products, can be released to the bloodstream and wreak havoc throughout the body.
Patients with infected teeth or untreated gum disease also take significantly longer to heal after surgery and are at increased risk of serious surgical complications. Untreated infections can move from teeth into the sinuses, bloodstream or even the brain.
In the long run, avoiding dental care does not save money, it costs money for the health insurance carrier. For want of a relatively inexpensive dentist visit, children and adults can run up thousands of dollars in medical expenses for antibiotics, emergency room treatment and even surgery.
Treating Gum Disease Means Savings for Health Insurance Carriers
However, I am observing another trend that will accelerate this marriage of oral health to the overall health and well being of a patient — i.e. savings for health insurance carrier. And that is the across the board buyout of dental insurance companies by health insurance companies.
Here is a recent example:
Humana Inc. shares whose full-year profit is expected to come in ahead of expectations cited the impact of expense controls and improvement in its medical-expense ratios. One of the cited factors for improved margins was improving medical expense ratios in its Medicare and commercial businesses. Humana’s consolidated medical-expense ratio — an industry benchmark for measuring costs as a percentage of premiums — stood at 86.8%. Humana also raised its profit forecast.
Now, here is their direction, and I’m sure you know where I’m going. Humana in June agreed to pay $360 million in cash to buy privately held CompBenefits Corp., an Atlanta-based provider of dental and vision benefits.
I think the writing is on the wall. It is so obvious. If health insurance carriers want to improve their medical-expense ratio, they will treat periodontal disease.
If health insurance carriers cover imaging for periodontal disease, more dentists will be doing imaging for periodontal disease. If dentists are being reimbursed for imaging for periodontal disease, they will be buying more imaging equipment for periodontal disease.
Good news for Lantis Laser!
Dentists will be able to afford a Lantis Laser OCT Imaging System
Number One: The Lantis Laser OCT Dental Imaging System will be priced so that most dental offices can afford it, at around $20,000.00
Number Two: Health insurance carriers understand the merit of treating dental decay and periodontal disease for overall health and based on some irrefutable studies that continue to be published weekly.
Number Three: There are 150,000 licensed dentists in the United States according to the Bureau of Labor Statistics Occupational Outlook Handbook, 2006-07.
Number Four: Lantis’ management is highly confident that a market penetration of 5% can be achieved within four years of commencing marketing in the third quarter of 2008.
Lantis Laser is good for overall health!
Source: Lantis Laser Inc., Chicago Sun Times
Contact: Lantis Laser Inc.
Stan Baron,President and CEO
11 Stonebridge Court
Denville, NJ 07834
Tel: (203) 300-7622
Forward-Looking Statements: Certain statements in this press release, including statements regarding the anticipated development and expansion of Lantis’ business, and the intent, belief or current expectations of Lantis, its directors or its officers, are forward-looking statements. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statement
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