If you're an independent physician, you might assume your only health insurance option is an individual HMO plan. But what if there is a better way?

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.

Dr. Daniel Lal* started his day the same way most solo physicians do—juggling charts, patient care, and practice demands. He wore every hat: clinician, business owner, husband, dad.

Working as a locum or contractor can be incredibly appealing: greater flexibility, higher pay, and more opportunities to travel or spend time with loved ones. If you’re looking for a better work/life balance, this path might feel like exactly what you need at this stage of life.

Group health insurance is often labeled a benefit only large practices can get, but that’s not the full picture. Depending on your situation, you might have more options than you think.

Having the right health plan is about more than just checking a box. It’s a way to help protect yourself, your family, and your practice. It’s not just about flexibility or having more providers in-network—a well-chosen plan may help you keep rising healthcare costs in check.

We understand the demanding schedule and many responsibilities you face as a practice owner or manager - from caring for your patients to the challenge of retaining staff, there’s a lot to handle. Finding the right health insurance solutions shouldn’t add to that burden, and navigating your options alone can be overwhelming. Whether you’re working with a team or independently, we can help you secure the right coverage to fit your needs.

While physicians are experts in diagnosing and treating patients, TMA Insurance Trust's expertise lies in navigating the complexities of insurance. We dedicate ourselves to helping you safeguard your practice and yourself against financial challenges. Group health insurance is a vital tool in ensuring the stability and security of your practice, providing essential financial protection for yourself and your team. In addition, we may be able to help you secure group PPO coverage for just yourself and your family.

As the year draws to a close and Open Enrollment quickly approaches its final days, a valuable opportunity remains to secure health insurance that aligns with your practice’s priorities. With options that may improve your coverage for 2025, this limited window offers an ideal chance to review and secure your best coverage option.