The rates for you are very likely higher than those paid by your male colleagues.

In some cases, 40% – 50% higher*. This is what some call a “pink tax’ – a surcharge based solely on the fact that you are a woman. Why is this so? Because statistically, insurance companies find women physicians become disabled more than their male colleagues.

If you are a physician who is employed by a medical center or other practice, you probably have life insurance as an employee benefit. But does your current policy offer enough coverage to provide the right financial insurance protection for your family? And as some employers cut costs, can you be sure that your benefit will remain? Will it be reduced or eliminated at some point in the future?

During these tumultuous days of COVID-19 it practically goes without saying that health insurance protection is essential to every Texas physician.

So we want you to know that TMA Insurance Trust is here to provide support for all your health insurance needs – whether you need to find a new group plan for your practice, make changes to your individual policy, or sort through your many Medicare options.

This year has been especially challenging for practice owners ... and we don’t need to tell you why. What we do want to make clear is that we can make things a bit easier on you as you’re thinking about group health insurance choices for the coming year.

If you’re like many physicians, you probably purchased your disability insurance policy earlier in your career. At the time, you might have opted for a smaller benefit – because your income was lower, your family was smaller and the premiums were less expensive.

For that reason, your agent or broker might have recommended that you purchase a Future Increase Option (FIO).

When you chose to become a physician, you accepted tremendous responsibility. In many ways, you allowed yourself to become accountable for others’ lives, while at times putting your own health and safety at risk. Though there is an inherent risk in your profession - particularly now due to the Coronavirus - serious illness or injury could happen to any person in their day-to-day life.

As a female physician you’ve worked incredibly hard to be where you are today. Whether you own a thriving practice, or work in a large medical center or hospital, you’ve put in the hours, jumped the hurdles, met the challenges – in short, you’ve paid your dues. So why shouldn’t you be able to get more affordable rates for disability insurance?

The financial fallout from the coronavirus pandemic has had an impact on virtually everyone, including physicians. As a result, many are looking to eliminate or minimize some of their major personal expenses.

We understand that at this time you may be concerned about the cost of your disability insurance – and the challenge of making regular premium payments.