Another Open Enrollment season is approaching, bringing a familiar challenge for Texas medical practices: managing one of their largest expenses. Even a modest premium increase can significantly affect your practice's budget. With 2027 pricing ahead, reviewing your options before Open Enrollment begins offers an advantage.
Every day you help patients through life’s unexpected moments. Sometimes, you’re the one facing them.
Many physicians find themselves trying to balance two realities — helping protect their family’s financial future while searching for disability insurance that still feels financially realistic in an increasingly expensive market. For a 40-year-old physician seeking a $15,000 monthly disability benefit, coverage from a leading carrier can average around $971 per month.*
In working with independent physicians, we know that a practice represents more than a business. It reflects a commitment to patients and plays an important role in supporting a family’s future. When an illness or injury takes you away from your work, the impact of lost income is often felt in two places at once.
Lately, I’ve noticed a recurring theme in my conversations with physicians who call TMA Insurance Trust about life insurance.* Many begin their search online, drawn to sites promising coverage in minutes with no medical exam. The appeal is understandable. It’s quick. It’s digital. It feels simple.
Most of us think of insurance in practical terms: you pay a premium, and if something happens, you file a claim. But what if it could do more for you? What if its value reached further than your own protection? What if it already was, and you just didn’t know it?
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.
As a physician at the start of my career,* I’m always looking for ways to learn from those who’ve been practicing longer than I have. So when one of the senior surgeons I’ve always respected sat down across from me during a quick lunch break between procedures, I listened.
