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.
No matter where you are on your career path, your ability to earn an income is your single most valuable asset. In an instant, your rainy-day savings could disappear, putting you and your family in a difficult financial spot. As a practicing physician with growing responsibilities, you may be paying a mortgage, raising a family, and balancing a more complex financial life.
As winter approaches, now is the perfect time to review your auto and homeowners insurance. While Texas winters may be milder than in other regions, severe weather can still strike unexpectedly. At TMA Insurance Trust, we can help ensure your policies provide the best protection for your home and vehicle—while also finding ways to save you money.
A serious accident can change everything in an instant. While life insurance generally provides financial protection for death, it's often not enough to cover the impact of a severe injury. The TMA Member Accidental Death and Dismemberment (AD&D) plan, issued by the Prudential Insurance Company of America, can help bridge that gap, offering you and your family the extra protection you need.
Disability insurance is one of those topics most people would rather avoid, but it’s a crucial subject to consider because it can directly affect your financial well-being. This true experience of how one physician reevaluated his coverage is an example of this. As a TMA Insurance Trust advisor, I've had countless conversations with physicians about their insurance needs. But the one I had with Dr. Demetrius Coombs resonated with me, because it is a perfect example of what we do. Dr. Coombs called because he felt he was paying too much for his existing disability insurance and wanted to get a quote for our exclusive member plan.
Health insurance covers medical treatments, but what about the many other expenses a serious illness can bring? The TMA Member Critical Illness Insurance plan, issued by the Prudential Insurance Company of America, is designed to assist with these additional costs. To help you understand how the plan works and highlight its value, here’s a step-by-step walkthrough.
