Crisis In Cyprus May Negatively Impact Dental Industry Says DeMar Dental Labs

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Crisis In Cyprus May Negatively Impact Dental Industry Says DeMar Dental Labs

Dental lab crown, bridge and implant restorations

Top Quality Dental Restorations Proudly Made in the USA to exacting standards.

Imagine paying 25% more for your crown or implant than you do already? Is America prepared to pay an extra $400-$500 because of what is going on in Cyrpus, Europe or in our nation with all of the money we are printing?”

Demar Dental Labs is a full service state of the art dental laboratory located in Mahwah, New Jersey. It manufactures products and distributes them to dental practices across America. The products produced include traditional crowns and bridges, ceramic restorations, implants and abutments as well as full and partial dentures. The company also hosts seminars on a wide range of dentistry-related topics.

The international banking crisis that broke over the weekend in Cyprus has reverberated around the world and the worlds markets but its impact is even further reaching than many can imagine. As economists, traders and investors alike agree, the price of precious metals like gold are directly affected and impacted by the confidence people have in the banking system and in their nations or the globes fiat currencies (i.e.: paper money). As the confidence erodes or gets impacted by yet another potential global banking fiasco – the price of gold spikes and hinges on spiking dramatically.

What many casual observers don’t know is that gold is not just a shiny, precious metal but a metal with industrial uses. Most prominently in the dental industry gold is and has been used for the last 150 years to not only use in fillings but also to make dental prosthetics like crowns, bridges and even implant abutments and parts.

Dave Roche, CDT a senior technician at Demar Dental Labs in Mahwah, NJ is one of the most foremost experts in the tri-state area on the relationship between the prices of gold and its supply/demand impact on the dental industry. As a person who has owned and operated dental labs for more than 35 years and as a person who has actively participated in the global metals markets as a buyer and investor. Dave Roche stated “The crisis in Cyprus could absolutely have a ripple effect on dentistry in America and on patients across our nation due to the rise of the cost of Gold. Imagine paying 25% more for your crown or implant than you do already? Is America prepared to pay an extra $400-$500 because of what is going on in Cyrpus, Europe or in our nation with all of the money we are printing?”

While all gold crowns and bridges are still being fabricated for a select few clients on a select few cases – they are indeed becoming more and more rare, after all – the alloy costs alone can be as much or more than the cost of manufacturing the crown itself.

In the past few years, Demar Dental Labs has seen a surge in semi-precious, all ceramic and zirconium restorations, which makes perfect sense both financially and esthetically to its users. Custom implant abutments have also swayed away from gold and now with new milling technologies are being manufactured in titanium and zirconium.

To help combat the high price of gold, Demar Dental Lab, has teamed up with Ivoclar Vivadent, to introduce a new option for cosmetic restorations with the use of IPS e-max. Ivoclar Vivadent is a global leader in innovative materials and processes for premium quality dentistry. Ivoclar Vivadent operates one of the largest research & development centers in the dental industry. E-Max is a patented lithium disilicate material that combines high esthetics and superior strength which is a revolution for the dental industry. E-Max provides a fix cost for producing dental crowns, bridges, veneers and implant crowns.

Last year PBS published an article on America’s Dental Care Crisis which reported that more than 100 million Americans don’t go to the dentist because they can’t afford it. Instead, they end up broke, in severe pain and struggling to get by. Sometimes they even die. The article also mentioned that part of the problem is that many people don’t have dental insurance and can’t afford steep out-of-pocket costs for care. Medicare offers no dental coverage unless it’s connected to a medical procedure. Poor children are covered by Medicaid, but many dentists’ offices turn them away because the profit margins are so low. In 2009, 19 million children had no dental insurance — more than twice the number who went without health insurance. Low-income adults receive limited Medicaid benefits for dental care, but even those have been threatened by the economy: 13 states recently said they cut dental benefits for adults in 2011 or planned to do so this year.

It is clear that if dental laboratories did not find new ways to lower costs and find more cost effective materials to manufacture its products, there would be much more than 100 million Americans not visiting the dentist along with less dental labs in operation.

For more than thirty years, Demar Dental Labs has provided the highest level of service to the most exacting dental professionals. Demar Dental Labs offer a wide variety of products and services that represent a full spectrum of what is available to the dental professional. From a single unit porcelain-fused-to-metal (PFM) crown to a complex all ceramic porcelain or zirconia full mouth restoration, they are equipped to handle the most comprehensive analysis, creation and implementation of the work one needs done at a dental practice. All of its work is currently made in its state of the art facility in Mahwah, New Jersey. For more information or to contact Demar Dental Labs contact Rob Santelli at 201-529-1700.

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