Advice from an experienced physician: Cost, quality, relationships—what to know about reporting
April 29, 2016—You may have become used to being measured against different performance standards during your medical training, and that doesn’t change once you enter practice! Read more.
Life Insurance for Young Physicians: Avoiding Mistakes and Taking Advantage of Opportunities
April 15, 2016—Having been a Life Insurance agent for 25 years, it’s been my distinct pleasure to work exclusively with physicians. I’ve learned many lessons along the way and, because of that, I think I may be in a unique position to share some insights about some of the milestones that lie ahead for young physicians. Read more.
Advice from an experienced physician: What to ask before signing your first contract
March 30, 2016—Once you’ve completed your search and secured a job offer, your next challenge will be understanding and negotiating your contract. The amount and type of compensation, time off and other benefits you receive will play a big role in your job satisfaction, so it’s important to understand your contract before signing it. Read more.
Advice from an experienced physician: What to ask when looking for your first job
February 23, 2016—Choosing your first job after residency can be overwhelming. Location, type and size of practice, compensation—these and many other factors play a role in how happy you’ll be in your practice, which in turn will affect how long you’ll stay at that practice. Read more.
Patient tracking and follow up—What you don’t know can hurt you
October 29, 2015—Lapses in patient care, including follow up, can lead to dire consequences beyond those to patient well-being. Substantial malpractice settlements and verdicts have been paid as a result of “lost” diagnostic reports and physicians’ failure to review and follow up. Read more.
Protect your beneficiaries through estate planning
September 3, 2015 — When given a choice, most people prefer to transfer their entire estate to their loved ones or favorite charities. Many people, however, do not put their wishes in writing through an estate plan, so part of their wealth never reaches the intended beneficiaries. Read more.
Employee lawsuits: Are you covered?
August 20, 2015 — Employers are finding it more and more difficult to terminate employment or take action against an employee without the fear of a lawsuit, and given recent trends, that fear may be justified. Read more.
New life insurance protections available
July 23, 2015 — Physicians know more than most how injuries and illnesses can jeopardize a family’s savings. When the unexpected happens—like being diagnosed with a serious disease or a sudden drop in the stock market—it can wipe out individuals’ financial portfolios, in spite of their attempts to live healthy and protected lives. However, there are new life insurance products and applications to help manage these types of risks. Read more.
‘Own specialty’ in a disability policy significant for physicians
June 11, 2015 — Physicians know how important preventive care is for the health and well-being of their patients. The same is true for physicians when it comes to protecting their future incomes with a disability insurance policy. Read more.
Is your employee benefit program compliant?
April 16, 2015 — Many employers fail to fully understand how federal and state regulations for employee benefit programs impact both their business and employees, as well as the possible risk exposure these requirements represent. Read more.
Flood insurance—Don’t get soaked
March 12, 2015 — Floods are one of the most common natural hazards in the United States, but a standard homeowner’s policy does not cover damage to property and possessions that results from flooding. Read more.
Cyber liability insurance essential to mitigating emerging risks
February 19, 2015 — Electronic health records and the adoption of new technologies to improve the efficiency and quality of medicine have many advantages, but they also expose organizations to a new and unique set of risks. Read more.
Protect your valuable personal property
January 15, 2015 — With the holiday season behind us, it’s the perfect time to think about insurance for your valuables. Read more.
Prepare for the unexpected with
real ‘life’ insurance
December 18, 2014 — Chronic diseases are among the most common and costly of all health problems in the United States. According to the Centers for Disease Control and Prevention, nearly half of all Americans suffer from at least one chronic illness and many have one or more “activities of daily living” limitations.1 Read more.
2015 health care rates on the Exchange expected by mid-November
November 6, 2014 — The Affordable Care Act (ACA) will continue to have a significant impact on health insurance in 2015. Individuals who are losing group coverage or are currently enrolled in an individual health plan may be eligible for a 2015 Marketplace health insurance plan. Read more.
College students need insurance, too
August 7, 2014 — As back-to-school supplies fill store shelves, it can serve as a reminder for those who have sons or daughters heading to college, and that it’s important to make sure college students have their insurance needs covered while they are away. Read more.
Insuring vacation rentals – cars, motorhomes and boats
June 19, 2014 — As you plan your itinerary and pack your bags, don’t overlook the importance of purchasing insurance when renting an automobile, motorhome or boat. Gaps in your insurance coverage can ruin a vacation. Read more.
A Life-long Present for Your Child
April 17, 2014 — One of the best times to purchase Whole Life Insurance is during the first year of a child’s life. Why? Because in this age of market volatility and uncertainty, Whole Life Insurance not only provides life insurance, it also can serve as a safe, tax-sheltered financial tool that will grow with a child. Read more.
Disabilities happen; are you protected?
March 12, 2014 — Some facts are difficult to ignore. For example, just over one-fourth of Americans entering the workforce today will experience a disability before retiring, and unexpected medical bills prompt approximately 60 percent of U.S. bankruptcies. Read more.
Medical professional liability insurance basics
September 19, 2013 — Medical professional liability insurance is an essential component of a physician’s insurance protection portfolio. Read more.
Key terms in a disability policy
June 20, 2013 — As a physician, you know the importance of insuring your most valuable asset: your earning potential. A disability insurance policy helps protect your future income; here are some key terms that you should understand when choosing the right policy. Read more.
Take a new look at permanent life insurance
March 21, 2013 — People purchase life insurance for many reasons. Most of the time, life insurance is meant to replace income or pay off debt after a person’s death. However, with the passing of the American Taxpayer Relief Act of 2012, it may be a good time to look at permanent life insurance. Read more.