SPONSORED
PRACTICE OWNERS: IMPROVE
YOUR HEALTH INSURANCE PLAN
THIS YEAR
OPresented by Texas Medical Association Insurance Trust wning a medical practice
comes with many rewards.
But in today’s world it can
also bring daunting new
challenges. The fi nancial
impact of COVID-19 has aff ected large
and small medical practices throughout
Texas. As a result, practice owners may
be taking a closer look at their offi ce
expenses, exploring new ways to better
manage their practice and operate
more effi ciently.
Uncover Cost Savings and
Effi ciencies
One of the most signifi cant expenses
for a practice, regardless of size, is the
cost of health insurance. At TMA Insurance
Trust we’re committed to helping
practice owners fi nd the best health insurance
that works with their budget, as
well as providing service that helps them
more effi ciently manage their group
health plan.
Get Group PPO Coverage – For
Just You and Your Family
Our advisors have years of experience
in this marketplace and are highly skilled
at uncovering special health insurance
options that some practice owners may
not know about. This includes ways to
help practice owners qualify for group
PPO health coverage – even if it’s just for
themselves and their family.
PPO coverage is desirable because it
off ers more freedom of choice with providers,
hospitals and networks compared
to HMO plans with more limited options.
Some practice owners may be surprised
to learn about these special options –
because individual PPO plans are no
longer off ered in Texas. But did you know:
• Physicians who have or establish an
LLC may be eligible for PPO health
insurance, without the need to cover
their staff . Partnership documentation
and the company’s Schedule
K-1 (Form 1065) are required.
• Practice owners can upgrade their
personal coverage to a PPO plan
while off ering their employees another
plan.
• Practice owners with staff on their
own health coverage (a spouse’s
plan or another provider) can get
“Group of One” PPO coverage just
for themselves and their family
– and it may cost less than an
individual HMO plan.
Our advisors will be happy to review
these options with you, as well as your
current policy, to see if it makes sense
for you and your family to upgrade to a
more comprehensive PPO plan.
Save Time, Lose Administrative
Hassles
As a practice owner, you know that
administering your group health plan can
take precious time away from attending
to other critical issues of the day. But
our advisors can help with many timeconsuming
tasks that come with the
administration of a group health plan.
We can help:
• Enroll your staff and dependents
• Cancel employees if they leave your
offi c e
• Distribute temporary ID cards and
policy information
• Assist with billing
• Advocate on your behalf with insurance
carriers for claims or customer
service issues
See the Diff erence in
Our Service
These services are available to you as
a TMA member at no additional cost. It’s
like getting an administrative partner on
your staff – without having to pay extra
for it. This is an important diff erence
between our advisors and other brokers
or agents.
And as you may know, our advisors do
not work for sales-based commissions
– so you can be sure your interests will
always come fi rst with us.
Get Help if You’re Just
Starting Out
Whether you’re a large or small practice,
our advisors can help you take advantage
of the health insurance options
you’re entitled to as a practice owner
and TMA member.
This is also true for any physicians who
may be planning to open their own practice
in the future as well. Get health insurance
that works best for you and your
practice. Speak with one of our advisors
at 1-800-880-8181, Monday to Friday
7:30 to 5:30 CST.
For over 60 years, TMA Insurance
Trust advisors have been serving Texas
physicians, their families and staff . TMA
Insurance Trust prides itself on off ering
unbiased information and strategies to
members, along with exclusive group
rates on a range of the highest-rated
plans in the industry. DMJ
14 | DALLAS MEDICAL JOURNAL • April 2022