Practice Owners, Independents: Help Manage Costs, Get Better Health Insurance For 2025

Do you like shopping for health insurance? We didn’t think so. Poring over the details of plans, comparing carriers and calculating costs can be complicated and time-consuming.

But Open Enrollment is starting. So once again it’s time to decide if you want to keep your current health insurance or take advantage of opportunities to get better coverage. If you’d like to find an alternative to your current health plan – either due to costs or coverage limitations – we’re here to help. 

As a full service insurance agency we can help with all your group and individual health insurance needs. We’re committed to helping practice owners and independent physicians find their best options, while we help save you time and reduce the hassles of shopping for a new plan. 

Take Advantage of Special Options

One way we can help practice owners and independent physicians during Open Enrollment is by bringing their attention to special options they may not have known about. These can help practice owners and independent physicians in different ways.

Here’s how the special options can help practice owners and independent physicians: 

• 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.

To see how the special options may be able to help you get the health insurance you want in 2025, speak with one of our advisors. They can provide expert advice and guidance so you can make an informed decision. And since they don’t work for sales-based commissions, you can be certain that your best interests are their number one priority.   

Save Time With Hands-On Service

TMA Insurance Trust is also dedicated to offering Texas physicians high-quality, hands-on service – before and after you enroll.

Our advisors will provide quotes, recommend a plan, and help you and your staff complete the enrollment process. Once you’ve chosen a plan they can help relieve you of the burden of many administrative tasks. They’ll see that your staff receives their insurance cards and important information and help them make changes throughout the year. And they’ll do this at no extra cost to your practice.

Preparing to Open Your Own Practice? Call Us

If you’re preparing to open your own practice, we can help you start your own group plan. We can show you a number of options from top-rated carriers that include both group and individual plans.

Don’t Miss Your Chance For Better Coverage In 2025

If you want the best coverage that works with your needs in 2025 now is the time to get started. Open Enrollment documents must be complete and submitted to the insurance carrier by December 11th, 2024 for a January 1st, 2025 effective date. 

Don’t miss your chance to get the health insurance you want. Speak with an advisor at 800-880-8181, Monday to Friday 8:00 to 5:00 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.