Your patients rely on you daily. But while caring for them, have you taken a moment to focus on another critical aspect of your practice that deserves immediate attention—your health insurance coverage? With premiums expected to rise significantly in 2025, locking in this year's rates could save you considerably over the next 12 months. This opportunity won't last long, so taking action now can protect you from the anticipated increases in 2025.
Group PPO Coverage, Even Without Employees
At TMA Insurance Trust, we understand that finding the right health insurance—and ensuring you have solid, affordable coverage—is essential, whether you're an independent physician or own a practice with employees. That's why we've researched and identified group PPO solutions that may allow you to access group health plans for yourself even if you don't have employees.
How We Support Your Coverage Needs
Over 800 practices across Texas trust TMA Insurance Trust as their Agent of Record for group health, a testament to our exceptional service. Our advisors are firmly committed to supporting all Texas physicians, drawing on decades of experience to offer clear, unbiased advice, all without the pressure of sales-based commissions.
To help you make the most informed decision, here are some of the ways we support practice owners and independent physicians in securing the right health insurance coverage:
- Practice owners with group coverage: There are opportunities to help control the cost of your practice and offer your employees health insurance with group PPO and HMO plans.
- Practice owners with staff on their own health coverage: If your staff is covered under a spouse's plan or another provider, you may still get group PPO coverage for yourself and your family.
- Partners with no W-2 employees: You may be eligible for group coverage only for yourself. You must provide partnership documentation and the company's SS4 or recent K-1 (Form 1065).
- Physicians who own a business with their spouse or whose 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.
- Starting your practice: TMA Insurance Trust can help you set up a customized group plan that meets your new practice's unique needs.
We aim to help you minimize the administrative burdens of health insurance, from enrolling your staff in a new plan to assuring they receive their insurance cards and any vital information they need. Whether handling paperwork or resolving issues, our free hands-on service offers comprehensive support that can help keep your practice running smoothly and efficiently year-round.
Secure Your 2024 Health Insurance Rate Before It Increases
As we approach 2025, rising health insurance premiums are on the horizon. Now is the time to keep your group health insurance coverage at a more affordable rate. Lock in 2024 rates to shield your practice, family, and yourself from the upcoming cost increases. Contact a TMA Insurance Trust advisor at 800-880-8181, Monday through Friday, 8:00 AM to 5:00 PM CST, to ensure your coverage is in place for the year ahead.
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.
