By some estimates, the average American retirement lasts about 20 years. Health care needs increase as we age and therefore health care is one of the largest expenses we face in retirement. Original Medicare can help offset many of these costs – but not all of them.
As a physician, you most likely think more about caring for a patient than becoming one. It can be difficult to shift perspective and think about your own care and what you would do in the event of a serious illness. TMA Insurance Trust understands that. That’s why we’re making a special effort to inform you about the TMA Member Critical Illness Insurance Plan, issued by The Prudential Insurance Company of America. TMA members under the age of 65 are guaranteed acceptance for $20,000 of TMA Member Critical Illness Insurance.
Whether you work in a hospital or in an office setting, you no doubt recognize the benefits of collaborating with specialized medical professionals. No one physician can do it all, instead you work together to provide the best possible care to your patients. The same applies to insurance. Your comprehensive health insurance is vital to maintaining your health–but it can’t do it all. If you become seriously ill, high deductibles, copays and maximum benefit limits can quickly cause financial strain during an already stressful time.
The pandemic has been a sobering reminder that sudden, serious illness doesn’t discriminate. A serious illness can impact a family physically and emotionally–but also financially. How secure would your finances be if you or a family member were diagnosed with a critical illness?
As a Texas physician you have devoted your life to caring for others, so when it comes to your own care, TMA Insurance Trust wants to make sure you get the quality health care you deserve.
You can’t predict the future, but you can help protect it – at least when it comes to your finances. That’s the thinking that underlies disability insurance.
Nobody knows if, or when, they might have an injury or illness that could prevent them from working – particularly at this time when we’re seeing a dramatic upsurge in new cases of Covid-19. Without work, for most physicians, that would mean their income would diminish significantly or stop altogether.
Disability insurance is there to provide income at those times and is therefore considered an essential safety net to help protect our finances. That said, we find that many physicians – even those who currently have some disability insurance – may not have enough coverage, leaving their financial future vulnerable.
A dislocated shoulder from a fall during a hike, a broken ankle during a football game-–as a physician, you’re familiar with how to physically treat these kinds of injuries. But are you prepared financially if they happen to you or someone in your family? Your health insurance will cover a good portion of your medical bills, but additional medical and non-medical expenses can accumulate quickly. Accident insurance covers medical and non-medical expenses to help bridge the gap between your health insurance and these additional out of pocket expenses. A cash benefit is paid directly to you upon diagnosis of a covered, accidental injury.
We don’t have to tell you about the importance of good oral health. You know better than most that a healthy mouth can be an important factor in terms of our overall physical health.
