A very quick economic lesson.
The vast majority (78%) of dentists do not own their practice.
on the average UDA value (a system used to pay dentists) they get around £8 a UDA after practice expenses.
A check up, x rays, scaling etc earns one
all the above plus all root treatments , fillings extractions earns between one and five in total
a course of treatment , including all the above plus something that needs lab work earns 12.
a fast dentist, in a good day when no one needs much treatment will complete 30 UDAs in a day .
To practice they need GDC registration and indemnity , to pay for that is around 25 working days so let's say mid February in a working year .
They will have built up, on average £80,000 worth of student debt at a minimum that's 4 days working
They will need to pay tax and national insurance , approximately 1/3 of earnings so we are now into June before a dentist working on the NHS starts to earn any money , and that's without holidays.
But wait , every dentist has a target they have to hit , otherwise they have to pay money back (clawback) , around 86% of practices are estimated not to hit their target , so NHS dentist has to put money away for that.
phew it's over half way through the year , the dentist can relax and work hard earning money ..... no because they need to complete compulsory CPD (courses) which they need to pay for and take time off for.
If they are a sensible dentist they will also have policies to cover sick pay and loss of earnings because if they are sick they have to pay for a locum to do their job.
I have worked in dentistry for decades and have never earned enough to pay higher rate tax. My good friend sold their practice recently , in their last year they earned £17,000.
It costs , in a cheap area £120 an hour per room to run a dental practice . The NHS pays, including patient contribution around £36 per patient per year treated.
How do those figures equate to a NHS dental service that doesn't financially cripple anyone working in it?
Dentists have been, for years, subsidising the NHS side by doing private treatment . Eg if you repair someone's denture the fee doesn't even cover the lab fee , you would be better off giving someone £5 to go down the road . Extensive filling, root fillings the same.
Unfortunately the massive increase in costs of providing dentistry have shoved many over the financial edge , hence bupa closing 85 of their practices . 13 of these were private only , the finances of dentistry are perilous even privately.