There are a number of special factors that physicians and other medical professionals should take into account when purchasing disability insurance. Below are 6 key features and benefits to strongly consider having in your plan:
Read MoreFidelity Investments conducted a study that analyzed the retirement behaviors of over 100,000 healthcare professionals including 5,100 physicians. The results are startling. Even though physicians average an annual salary of $300,000, they are not saving enough for retirement.
Read MoreToday's independent physician practices and even hospitals are locked into a system which contributes not only to the financial and emotional pain of the people they were called upon to heal, but to delivering the most expensive care in the civilized world.
Read MoreMaybe the last time you walked into a retail-based clinic, you did not see an MD. Maybe the same thing happened at your hospital outpatient clinic or an urgent care center. Physician "extenders" and advanced practice professionals, such primary care pharmacists, nurse practitioners, and physician assistants are winning the war on branding. They and their professional associations have done a good job branding their services while complacent doctors have not. What happened?
Read MoreMedical associations at the local, state, and national level are struggling to be relevant. For example, the American Medical Association (AMA), the nation’s largest association of physicians and medical students, has a membership of less than 220,000 people.
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