On a regular basis Individuals Monetary Pronounces Enlargement of EP Care to 50 Dental Clinics Throughout Canada

On a regular basis Individuals Monetary Pronounces Enlargement of EP Care to 50 Dental Clinics Throughout Canada

Health Care Financing

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Edmonton, Alberta–(Newsfile Corp. – January 17, 2023) – On a regular basis Individuals Monetary Corp. (TSXV: EPF) (“On a regular basis Individuals” or the “Firm“), a Canadian-based monetary expertise and shopper financing firm, is happy to announce that EP Care Inc. (“EP Care“), a wholly-owned subsidiary of the Firm, has now partnered with 50 dental clinics throughout Canada to supply the EP Care Program (“EP Care Program“).

The EP Care Program is a brand new and progressive method to conventional well being and wellness financing. Via partnerships with service suppliers, comparable to dental clinics, the EP Care Program gives on a regular basis folks entry to a wider vary of remedy choices.

“We’re thrilled to see the fast adoption of the EP Care Program throughout Canada, proving the necessity for this distinctive enterprise mannequin,” mentioned Barret Reykdal, CEO of On a regular basis Individuals. “EP Care offers the affected person with a chance to obtain a wider vary of remedy choices that in any other case would not be attainable as a result of inadequate insurance coverage protection and the excessive value of borrowing from third social gathering lenders to pay for oral well being therapies. On the similar time, the EP Care Program allows well being and wellness suppliers to offer fee choices with out having to manage the fee course of, permitting them to concentrate on caring for his or her sufferers somewhat than managing the fee course of. It is really a win-win situation and we’re happy to assist the 32% of Canadians with no dental insurance coverage1 acquire entry to the companies they should reside more healthy and happier lives.”

Advantages of the EP Care Program

  • In at present’s financial atmosphere, 54% of Canadians reside paycheque to paycheque.2
  • Multiple-third of the Canadian inhabitants, or 34%, do not have the funds for to purchase the issues they want.2
  • Canadians now owe $1.83 for each greenback they need to spend3 and excessive rate of interest loans materially negatively affect Canadians.
  • Beneath the EP Care Program, authorised sufferers are capable of receive low-cost loans and compensation phrases, for quantities matched to their affordability, with a set efficient rate of interest of 6.6%.
  • EP Care is without doubt one of the lowest total value suppliers for dental affected person fee plans in Canada.4
  • EP Care reduces monetary obstacles for sufferers. For sufferers which can be cost-conscious and/or unable to pay out-of-pocket, EP Care offers entry to speedy remedy financing at a decrease value than different point-of-sale financing choices.4

What Do Dentists Say In regards to the EP Care Program?

Dental clinics report that EP Care creates a chance to offer idealized care for his or her sufferers, generate extra manufacturing throughout work hours, fill voids of their schedules, and incrementally enhance the variety of sufferers they’ll serve. Additionally they report affected person suggestions has been very constructive, referencing EP Care’s fast and straightforward approval course of, reasonably priced month-to-month installments, and the power for sufferers to obtain emergency or preventative care with out the priority of excessive upfront prices for remedy. EP Care sufferers are sometimes authorised inside as little as quarter-hour within the clinics throughout their preliminary evaluation and go to for dental care.

A Rising Portfolio of Well being Merchandise

With customized fee plans, low mounted rates of interest, and versatile fee phrases, On a regular basis Individuals makes well being and wellness bills versatile and reasonably priced for anybody by EP Care.

Along with the EP Care Program, as introduced in September 2022, EP Care shaped a three way partnership with SEB Administrative Providers Inc., a subsidiary of Good Worker Advantages Inc., to launch the On a regular basis Well being Spending Account (“On a regular basis HSA“), providing a challenger product to conventional employer well being spending accounts.

The On a regular basis HSA eliminates out-of-pocket bills and offers versatile value financial savings options for each employers and staff with no annual fee will increase. Advantages supplied by the On a regular basis HSA could be tailor-made so as to add worth and supply value administration.


  1. The State of Oral Well being in Canada. Canadian Dental Affiliation. March 2017.
  2. BDO Affordability Index 2022. BDO Debt Options. September 29, 2022.
  3. Nationwide steadiness sheet and monetary circulation accounts, third quarter 2022. Statistics Canada. December 12, 2022.
  4. Estimating the Impression of EP Care on Dental Clinics in Canada. MNP. September 21, 2022.

About On a regular basis Individuals Monetary Corp.

On a regular basis Individuals is a monetary expertise and shopper financing firm based on the assumption that everybody deserves entry to credit score, on the spot funds, and the chance for homeownership. Via our expertise pushed ecosystem, our various and specialty credit score financing packages supply credit score and fee playing cards, pay as you go card packages, homeownership facilitation, shopper lending, and fee administration companies. Our mission is to assist our purchasers be their finest monetary selves and our aim is to supply the sorts of credit score services that assist on a regular basis folks add extraordinary worth to their on a regular basis lives. For extra data go to: www.everydaypeoplefinancial.com.


Barret Reykdal
Chief Government Officer
[email protected]
1 888 825 9808

Caroline Sawamoto
Investor Relations
[email protected]
1 888 825 9808

Cautionary Notice Concerning Ahead-Trying Statements

This information launch consists of sure “forward-looking statements” or “forward-looking data” (collectively referred to hereafter as “forward-looking statements”) underneath relevant Canadian securities laws. Ahead-looking statements embody, however are usually not restricted to, statements with respect to the enterprise, plans and operations of the Firm, together with EP Care and the EP Care Program. Ahead-looking statements are essentially primarily based upon quite a lot of estimates and assumptions that, whereas thought of affordable, are topic to recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking statements. Such elements embody, however are usually not restricted to, expectations and assumptions in regards to the Firm in addition to different dangers and uncertainties, together with these described within the submitting assertion of the Firm dated July 27, 2022, which is out there on SEDAR at www.sedar.com. There could be no assurance that such statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking statements. The Firm disclaims any intention or obligation to replace or revise any forward-looking statements, whether or not because of new data, future occasions or in any other case, besides as required by legislation.

Neither TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/151439