Protecting What Matters Most

As the month of November nears, many physicians and practice managers must turn their attention toward health insurance decisions for the coming year. Are you satisfied with your health insurance coverage, and the level of service you have received from your agent? Do you think that you are getting the best value possible for your investment? Find out what you need to know as you prepare to make health insurance decisions for your family and practice.

THE CLOCK IS TICKING

As Health Insurance Open Enrollment draws to a close, you as an independent practice owner have very little time left to make important health insurance decisions for yourself and your staff. If you still need to make these decisions for your small practice, the advisors at TMA Insurance Trust are here to help you.

THE CLOCK IS TICKING

Consider a far-fetched scenario: What would happen if tomorrow morning, you walked in to your office and no one on your staff showed up for work. No one to greet patients. No one to answer phones, no one to to assist you with exams and procedures.

What if, without notice, you had to hire brand new employees. How long would it take to train them? To get them familiar with your procedures, your patients, your ways of doing things?

Of course, that’s unrealistic. But most medical practice owners would probably agree – without the support of their well-trained, efficient, enthusiastic employees their practice would barely function.

THE CLOCK IS TICKING

All physicians are highly educated and skilled professionals - but you won’t find an ENT physician performing an ACL reconstruction. Physicians know when they are outside their realm of expertise, and they refer their valued patients to the correct specialist, a physician with the specific set of skills that are needed.

In some ways, insurance is the same. If you are running your own small practice, your set of skills are in practicing medicine, not understanding the complexities of the health insurance market. That’s why it makes so much sense to call in a health insurance professional who specializes in assisting independent medical practices like yours.

THE CLOCK IS TICKING

There are many reasons you chose to be an independent practice owner: You cherish your freedom, you like managing your own business, you prefer to see patients on your terms – offering the type of care you deem best.

On the other hand, as an independent practice owner, there is one area where you may sometimes feel you are at a disadvantage – that is, when it comes to trying to secure your own health insurance.

THE CLOCK IS TICKING

If you are a physician who operates a small independent practice, we applaud you. You certainly work hard, value your independence, and care deeply about your patients. Yet operating a small practice has become increasingly complicated, and you face many challenges.

One of these challenges is maintaining balance: providing quality benefits while managing their cost. Health insurance is a prime example. Let’s look at the reasons to consider offering health insurance to your employees.

THE CLOCK IS TICKING

If you want your taxes done, most likely, you see an accountant. If you want a faucet fixed you call a plumber. If you have a toothache you go to a dentist.

No one knows this better than those in the medical profession. Some jobs simply call for a specialist. The same holds true when it comes to trying to manage, or control, your health insurance costs.

Health Insurance Open Enrollment has begun and is only open for a brief time: until December 15. Now is the time for Texas physicians to make important health insurance decisions for themselves, their families, and any of their practice staff. TMA Insurance Trust advisors are ready to help you find the right group coverage and assist you with health insurance enrollment before the deadline.