If you are a practice owner, the COVID-19 pandemic and resulting shelter-in-place order is likely taking a toll on your business. Many practice owners have either reduced their staff’s working hours or have had to furlough employees. Though you are concerned for your patients’ and your staff’s health, you’re also rightfully concerned about what the future will bring for your practice.

Recently, many practice owners who have secured group health insurance through TMA Insurance Trust have contacted us with questions about their group benefits. Please know that if you need assistance with benefits questions, we are available to help you.

In the current public health environment, as a physician you undoubtedly agree that having quality health insurance is vital for yourself and your family. At TMA Insurance Trust, we are committed to helping Texas Physicians like you find the right health insurance coverage for your needs - whatever their situation. If you are a practice owner or manager looking for coverage for your practice staff, a physician looking for health insurance for yourself or your family, or a physician approaching or over the age of 65 and are thinking of Medicare options, we can help you choose the right coverage for your needs at the best price available.

Even if you don’t play or watch the game of baseball, you have most certainly heard the expression “cover your bases.”

It essentially means “be prepared” – position your team to be alert for any possibility – whether it’s a line drive hit down the third base line or a runner trying to steal second. The idea is to be ready so no matter what happens you are not caught off guard.

THE CLOCK IS TICKING

Whether you’re looking for your own health insurance, or wish to offer coverage to your employees, it’s easy to appreciate the benefits of PPO health insurance.

Practice owners who are shopping for health insurance during Open Enrollment, between November 1st and December 15th, can consider ways to control the cost of their health insurance. Some may think that increasing the deductible – the amount each employee would need to pay before the insurance company begins to pay benefits – is the way to offset a premium increase. However, it may be worth considering another way to manage costs so benefits can be maintained or made more affordable to the practice.

It’s Health Insurance Open Enrollment – and time is running out to make health insurance decisions. But this could also be a hectic time for your practice. And the last thing you probably want to do is sort through plans, rates and the complexities of today’s health insurance market.

This is when you can – and should – reach out to a group health insurance specialist.

As you operate your independent medical practice, do your expenses ever decrease? You may scoff at such a question. No doubt each year, as you look at the cost of providing employee benefits, it appears that health insurance premiums only climb … higher and higher.

However, TMA Insurance Trust has done the research and uncovered an option for practice owners to control their group health insurance costs. What is more, this option can even make it possible for practice owners to obtain group PPO coverage for themselves and even offer a group health insurance plan to employees without impacting your bottom line. How is this possible?

THE CLOCK IS TICKING

The clock is winding down on Health Insurance Open Enrollment. So we want to let you know that there are important opportunities available for those practices that have not yet finalized their health insurance decisions.

We know this is a busy time for most physicians. And it may seem easier to stay with health insurance you are not satisfied with rather than investigate new plans, rates and carriers.

But our advisors are here to help take the hassles out of shopping for and enrolling in a health insurance plan. And they can help you take advantage of opportunities that are only available during Open Enrollment.