As a physician, your income puts you in the top 5% of all Americans. Your earning potential makes you a target for every financial advisor and insurance agent in the business. However, not all advisors have your best interests at heart. Insurance advisors do not take a Hippocratic oath and even many well-intentioned agents do not understand the unique needs of physicians. As a result, some physicians end up without enough coverage in the areas they really need and too much of the types they don’t need. How can you be sure if an agent is recommending what is really best for you?

Health insurance offers more than just medical care; it offers peace of mind and reassurance. The harsh reality of the matter, however, is that even the best medical insurance plans can still leave you with expensive deductibles and co-pays, not to mention the unforeseen out-of-pocket expenses that can come with an extended hospital stay.

Insurance. If you’re a Millennial, the word probably evokes yawns and shrugs. But insurance is needed for many reasons in our lives. We purchase travel policies when we book a vacation. We insure our cars. But what happens when that car gets smashed by another car, sending you sideways into the landscape? Or the plane falls out of the sky? Or you get sick.

These are dramatic images, but they can happen. To anyone. At any age.

A stake in a business partnership is an amazing asset, but one that comes with responsibilities. What if you or a partner suddenly can’t work due to a disability? It usually makes sense for all parties to have an insurance-funded buy-sell agreement.

Not everyone needs medical evacuation protection, but if you’re a physician who travels, it may be a good idea. Tracey Hass, D.O., and husband, Tim Gueramy, M.D., of Austin, Texas are regular "pond-jumpers". Tracey is the volunteer medical director of the Miracle Foundation, an Austin-based non-profit. The job regularly sends her to India to provide patient care and to many emerging nations to assist with humanitarian efforts following natural disasters. Making the world a better place involves risk, so Tim and Tracy have learned to take precautions. 

No one likes to consider their own mortality.  But if you have a family or spouse who relies on your income as a Texas physician, set those feelings aside. Realizing the need for life insurance is an important first step, while qualifying for it is much more involved, as insurers evaluate each application based on a number of criteria, including age, lifestyle, profession, and health. If you're considering applying for life insurance in Texas, be aware that these health conditions listed below may affect your application, resulting in higher premiums or denial.

Life insurance policies are a critical element of a family’s financial plan. Selecting the right policy ensures your family’s well-being should the unexpected take place.

Many factors are involved in getting good employees to fill the seats at a medical practice, but job candidates consistently rank group benefits as one of the top factors impacting their decision to accept a job offer. Benefits packages matter; a robust package can make their lives much easier, while a barebones offering forces them to bear most of the monetary or administrative costs themselves.