At this unique moment in time, physicians are facing stark realities that are unprecedented – not just in the field of medicine but in every aspect of our life.

The impact of the current health crisis is causing people in all professions to take stock of how we live and what we can do to best protect ourselves and our families.

In these uncertain times, physicians are now facing tremendous risk in ways never before experienced. We feel for the many thousands of physicians in Texas that are now living with great uncertainty in both their personal and professional lives. There is so much out of our control, but something you can control is having appropriate financial protection. Are you, like many others, thinking seriously about ways to help protect your family? If so, we can help.

If you are a practice owner, the COVID-19 pandemic and resulting shelter-in-place order is likely taking a toll on your business. Many practice owners have either reduced their staff’s working hours or have had to furlough employees. Though you are concerned for your patients’ and your staff’s health, you’re also rightfully concerned about what the future will bring for your practice.

Recently, many practice owners who have secured group health insurance through TMA Insurance Trust have contacted us with questions about their group benefits. Please know that if you need assistance with benefits questions, we are available to help you.

Almost every professional knows how important it is to help protect their income. Our long term financial health depends on it.

For over 60 years we have worked with Texas physicians to help them protect their income and the financial security of their family.

But now, as risks to our health and livelihood are rising daily, we are finding that many physicians are reaching out to us with concerns that their income may not be adequately protected – leaving the financial security of their family vulnerable.

The COVID-19 outbreak has left many Texas physicians wondering if their insurance covers losses caused by the pandemic. Other TMA members have been contacting us seeking assistance with making changes and adjustments to their coverage. We at TMA Insurance Trust want you to know we’re here to support you during this difficult time.

If you are a Texas physician about to turn 65, or you are already enrolled in Medicare, you probably know 20% of your medical expenses aren’t covered, nor are most prescription medicines. That is where a Medicare Supplement plan and a Medicare Part D Prescription Drug plan can contribute – to help cover the costs that Medicare does not.

However, there are many Medicare Supplement and Medicare Part D choices on the market. The options available may seem overwhelming, and making the wrong choice can be costly.

Almost everyone is familiar with the value of life insurance. Most people, however, think of life insurance in terms of personal benefits – for the financial protection it can help provide for our loved ones.

But if you are an independent practice owner, life insurance can be a crucial part of your professional safety net. Your life insurance portfolio should not only provide enough insurance protection to comfortably provide for members of your family, but it should also help cover the needs of your practice.

As a physician, life insurance is a crucial part of your financial safety net. But many physicians may not have the coverage they really need for proper protection. True, they likely carry some life insurance. But upon closer examination, the coverage may not be adequate in amount, or in other ways. Let’s discuss some situations that may leave a physician without proper insurance protection, and how TMA Insurance Trust can help.