The American Dental Association (ADA) owns and licenses the use of Current Dental Terminology (CDT) codes, which are a standardized set of codes used to describe dental procedures and services provided to patients. The CDT codes are used by dental insurance companies to process claims and reimburse dentists for services provided to patients. If the ADA leases those codes to third-party payers, and the ADA receives a butt load of money from the insurance companies for the use of their codes, is that not a conflict of interest, speaking as a dentist who is a member of the ADA?
The American Dental Association (ADA) owns and licenses the use of Current Dental Terminology (CDT) codes, which are a standardized set of codes used to describe dental procedures and services provided to patients. The CDT codes are used by dental insurance companies to process claims and reimburse dentists for services provided to patients. If the ADA leases those codes to third-party payers, and the ADA receives a butt load of money from the insurance companies for the use of their codes, is that not a conflict of interest, speaking as a dentist who is a member of the ADA?