Each year, Open Enrollment offers the opportunity to review your health insurance and make sure it still aligns with how you practice medicine. If you own a small practice or work independently, you may assume your choices are limited to individual coverage, often an HMO or a short-term medical plan.

If you're a Texas physician who is an independent contractor or locum tenens, you're likely grappling with two painful realities: the rising costs of health insurance and the frustration of being limited to individual HMO plans when you prefer the flexibility and control of a PPO. With individual PPO plans unavailable in Texas, finding comprehensive coverage that works for you may seem out of reach. But it doesn't have to be.

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.

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.

Retirement is an exciting new chapter, one filled with possibilities. As you prepare, it's important to make sure your insurance is ready to support you in the years ahead. When you step away from an employer's plan, some of the benefits you've relied on may not carry into retirement. To help you avoid costly surprises, here are some of the most common coverage gaps to consider before you retire.

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.

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.