Did you know special group health insurance options are available for practice owners and independent physicians during Open Enrollment? Whether you have employees, practice solo, work alongside your spouse, or are considering opening a new practice, these special options may provide access to group health insurance, including PPO plans. They offer flexible, cost-effective coverage for your staff, yourself, and your family.
Open Enrollment is well underway, and many practices are facing the challenge of rising premiums for 2025. Finding quality coverage that balances affordability can be complex and time-consuming, especially when managing your practice’s everyday responsibilities. Our experienced TMA Insurance Trust advisors are here to do the legwork for you—researching carriers, comparing plans, and guiding you through the best options that fit your practice’s needs.
Open Enrollment Special Options for Practice Owners and Independents
How you practice medicine is uniquely yours and your approach to health insurance should reflect that. At TMA Insurance Trust, we’ve uncovered special group health options that cater to the specific needs of practice owners and independent physicians. Whether you're covering your entire staff or just need coverage for yourself or your family, these flexible options may help you address rising health insurance costs and secure group PPO coverage, even if you don’t have employees.
Here’s an overview of the special options available to you:
- Practice owners looking for group coverage for their practice - there are initial enrollment opportunities available only during Open Enrollment to help practices manage the cost and be able to offer your employee’s group health insurance – including a mix of group PPO and HMO plans.
- Practice owners with staff on their own health coverage (spouse’s plan or another provider) may be able to get PPO coverage just for themselves and their family.
- Partners with no W-2 employees may be eligible for group coverage only for yourself. You’ll need to provide partnership documentation and the company’s SS4 or recent K-1 (Form 1065).
- Physicians who own a business with their spouse, or their spouse is a W-2 wage employee, you may qualify for group coverage even without partnership documentation.
- Establish a Health Savings Account (HSA), If you select a high deductible health plan to manage costs better, you can open an HSA. These accounts offer tax advantages, spending flexibility and ongoing saving and investment opportunities.
- Physicians opening your own practice, TMA Insurance Trust can help you with starting your own group plan.
No Sales Pressure, Just Hands-On Service
Founded by physicians in 1955, TMA Insurance Trust brings you years of experience with an understanding that there's no one-size-fits-all solution for insurance. We focus on finding the right options that fit your budget and configuring group policies to align with how you manage your practice. Our advisors don’t work on sales commissions, so every recommendation is made in your best interests.
From providing quotes to enrolling your staff, we guide you through every step. We also help with administrative tasks, such as distributing ID cards and managing plan changes throughout the year, allowing you to focus on your practice. Our hands-on assistance is entirely free of charge.
Secure Your Group Coverage Before Open Enrollment Ends
Act now before these options expire. Some of these special options are only available for a limited time during Open Enrollment, making this the perfect opportunity for practice owners and managers to reevaluate their coverage—whether you're renewing or exploring new plans. To have coverage in place by January 1st, 2025, and avoid coverage gaps, all enrollment documents must be submitted by Wednesday, December 11th.
To secure group coverage for the year ahead, call 800-880-8181 or click below to speak with a TMA Insurance Trust advisor, Monday through Friday, 8:00 AM to 5:00 PM CST.
For over 65 years, TMA Insurance Trust advisors have been serving Texas physicians, their families and staff. TMA Insurance Trust prides itself on offering unbiased information and strategies to members, along with exclusive group rates on a range of the highest-rated plans in the industry.
