Exclusively for Members of Texas Medical Association

Why consider hospital indemnity insurance? As a physician, it’s likely you’ve already taken the time to find a good health insurance plan for yourself and your family. You might even feel confident about your ability to deal with unforeseen injuries and serious health issues should any arise down the road. Still, no one ever got paid for lying in a hospital bed, and when physicians find themselves unable to work, it’s that much more money they’re losing.

Caring for your teeth has benefits beyond a happy smile. Recent studies show a direct link between oral health and overall health.

You’ve acquired assets over the years, investing time and money in your career. Among those assets are your life and health insurance policies. Unfortunately, these policies tend to wind up on the back burner when preparing for a divorce, which can be a time-consuming and draining experience.

Health care isn’t growing any less complex. Young people new to health insurance industry terms are having difficulty not only in signing up for plans, but navigating their use, as well. Even young physicians, whose intrinsic knowledge of human anatomy should, in theory, impart additional insight into the health insurance system, are not immune.

The following primer answers common questions about permanent life insurance policy loans and will help determine whether a policy loan is a good idea for you.

Graduating residents are tired of hearing it by now, but despite a good chance of having a greater income in the near future, this probably isn’t the time to trade in your used car for the keys to an expensive late-model vehicle. You want to be responsible, and that means thinking about how to spend wisely after residency.

As a new physician, how you manage your income is crucial in order to have a solid financial plan that is working for you. Decades ago, being a physician was much simpler; today, new physicians have to take on the rising costs of operating a practice plus the decreasing amounts of reimbursements from health insurance companies. So, how can you make the most of the income you are earning and avoid financial mistakes? Financial security starts by avoiding these five common financial pitfalls. Let us take a closer look at each one and the solution to circumvent it.