Every day, our advisors at TMA Insurance Trust speak directly with independent practice owners across Texas. Lately, one message has become incredibly clear: the high cost of group health premiums is placing a greater financial strain on small to midsize medical practices.
At the same time, investigating alternative plans on your own can feel like an overwhelming task. The thought of forcing your hard-working staff to fill out extensive medical questionnaires is often enough to make busy office managers push a health insurance review to the very bottom of the to-do list.
Meaningful Relief for Small or Mid-Range Practices
If your practice has between 5 and 50 participants, you may be entirely unaware of current health insurance products designed to deliver cost-effective solutions that better align with your budget. While it often feels like premiums only move in one direction, a brief conversation with an advisor can reveal innovative paths that break the mold.
One of our newer options simplifies the path to a quote, in some cases removing the requirement for a full review of every employee's medical history right at the beginning. This has been a real gift for busy employees and office managers who are already stretched thin.
Exploring the Benefits of Level-Funded Insurance
In addition to the standard plans you are already familiar with, we have introduced alternative models that could offer even greater value. For example, we now feature a solution known as Level-Funded Health Insurance.
This structure has proven to be a better fit for many small to midsize practices because it offers the best of both worlds:
- Predictable Budgeting: You pay a capped, predictable monthly premium that is more affordable for your practice.
- Potential for Refunds: If your practice group’s claims fall below the projected annual amount, you can actually receive a refund back into your practice's budget.
Uncover More Savings for Your Practice
We’ve done the research, so your practice can benefit. Whether you currently secure coverage elsewhere or haven't checked in with a TMA Insurance Trust advisor recently, we invite you to connect with us today for a brief review of your existing plan. We can review your group's details to see if your practice is eligible for new opportunities to reduce overhead while maintaining strong, reliable protection.
Contact a TMA Insurance Trust advisor today at 800-880-8181, Monday through Friday between 8:00 AM and 5:00 PM CST, and ask us about our newest, more affordable options.
