Time is running out— only two weeks remain to access exclusive group health insurance options through TMA Insurance Trust. These options provide flexibility, offering group coverage for your practice, yourself, and your family. Don’t miss out on these limited-time opportunities!
During Open Enrollment, special health insurance options are available that may allow you to qualify for group PPO coverage, even if you don’t have employees. These coverage solutions extend benefits to you and your family while also giving you the flexibility to offer coverage to your staff.
Two exclusive options are available when you are enrolling for group coverage for the first time, but they will expire in two weeks. Here’s how these options work:
- Flexible participation requirements: You can qualify for group health insurance when initially enrolling without needing a minimum number of employees who participate. This makes it ideal for practice owners with part-time staff or small teams. You also control how many employees participate in the group plan, with no minimum percentage required. You may even use this option to get “group of one” coverage for just you and your family—allowing you to tailor coverage to your needs.
- Flexible premium contributions: When initially enrolling, you decide how much your practice can afford to contribute for employees, giving you complete flexibility to align costs with your practice’s budget, making it feasible to offer group coverage.
These special options could provide an opportunity to customize your coverage, options that might not be available next year. Taking advantage of them during this Open Enrollment period helps you secure the best possible plan for 2025.
Additional Special Options for Practice Owners and Independents
Here’s how these options may apply 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.
TMA Insurance Trust was founded by physicians for physicians who understand the demands of running or starting a practice. Think of us as an extension of your team—our advisors are “health insurance specialists” dedicated to understanding your practice and helping you find the right health coverage solutions.
With a focus on support over sales, our commission-free agents work as your allies and advocates with insurance carriers. We handle the process from start to finish, facilitating staff and family enrollments, distributing ID cards and insurance information, and supporting you and your practice manager with updates and plan changes throughout the year.
Ready to Secure Your Coverage?
With special group health options available for only two more weeks, now is an ideal time to explore what TMA Insurance Trust offers before finalizing your plan for next year. To take advantage of these opportunities, all necessary documents must be completed by Wednesday, December 11th. Call 800-880-8181 to speak directly with our advisors for guidance. We’re here to help 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.
