Open Enrollment brings the opportunity to take a closer look at your health coverage. For many practice owners and managers, it’s also when rising premiums become a familiar frustration. However, the good news is that this is the time of year when limited special options become available.

Many independent physicians have questions about how group PPO health insurance may apply to their situation. Below, we’ve addressed some of the most common ones.

Attending to the needs of patients and staff takes priority and requires immediate attention. Because of this, many independent physicians or practice owners fail to take a moment to focus on another essential aspect of their practice: their own health insurance coverage. Don’t miss out on this critical window to review your group health coverage needs for the new year.

Health insurance covers medical treatments, but what about the many other expenses a serious illness can bring? The TMA Member Critical Illness Insurance plan, issued by the Prudential Insurance Company of America, is designed to assist with these additional costs. To help you understand how the plan works and highlight its value, here’s a step-by-step walkthrough.

As a physician, you’ve likely noticed that inflation is affecting nearly every aspect of running your practice—from medical supplies to facility costs—and health insurance is no exception. Because premium rates are set a year in advance, the full impact of inflation on your health plan may not have hit yet. Are you now facing renewals and bracing for the financial effects on your practice? What you see today could look very different next year.

Life moves fast for small practice owners. Between the responsibilities of running your practice and your family commitments, each day can seem like it never has enough hours in it to get everything done.

So it’s a good bet that in your spare time – what little you have – you’re not poring over the latest iterations of health insurance regulations. Which means you may not be aware of special health insurance options available to you during the small group Special Enrollment Period (11/15 – 12/15, 2021).

When you operate a medical practice, certain insurance policies are a necessary expense. You’re paying for the insurance, but are you getting the best possible service to go along with it? Some small practice owners are paying for coverage, but get very little assistance from their insurance company. 

Working with TMA Insurance Trust is different. With over 60 years serving only Texas physicians, we offer focused expertise and outstanding personalized service that will exceed your expectations.

If you’re a practice owner or manager, you bear a lot of responsibility. One of those responsibilities is choosing and managing your practice’s group health insurance needs. Because your group health insurance can renew at any time throughout the year, remember that we at TMA Insurance Trust are here year-round to help you when you need it. Whether your plan is up for renewal or you’re offering group benefits for the first time, we can do the research, and look for superior options; and will always provide you with the best service. At TMA Insurance Trust, it’s “open enrollment” for group insurance all year long.