Doctors: When to Review Your Disability Insurance Coverage

Posted on: March 21, 2017 by Chuck Krugh, CFP

Disability insurance is like a good car: It will work when you need it – but you need to do a little maintenance from time to time to get the most out of it. For disability insurance policyholders, maintaining your policy means doing a periodic review of the policy with your insurance professional and ensuring […]

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Disability Among Medical Students Up To 9 Times Higher Than Previously Believed – And What It Means To Employers

Posted on: March 13, 2017 by Chuck Krugh, CFP

Recent research from the Journal of the American Medical Association (JAMA) indicates that there are far more people making it through medical school with disabilities than we imagined. Indeed, the number of students with disabilities of various sorts going through medical school may be as much as nine times what we believed previously. Researchers polled […]

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Disability Insurance and Medical Specialties

Posted on: February 19, 2017 by Chuck Krugh, CFP

Most physicians who have spent time shopping around for disability income insurance, or actively doing financial planning for themselves and their families, understand the importance of the distinction between own occupation and any occupation language in disability insurance policies. Naturally, a disability policy that covers you against injuries and illnesses that prevent you from working […]

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Beating Burnout

Posted on: February 10, 2017 by Chuck Krugh, CFP

Burnout is real – and it’s an increasingly common problem among doctors across the U.S. Physicians are being increasingly squeezed between tightening reimbursement rates, the demands of practice management, liability concerns, demanding schedules, regulatory burdens and the relentless onslaught of information. Patients can be difficult or uncooperative, or it could just be a matter of […]

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Top Trends in 2017 For Physicians to Watch

Posted on: January 23, 2017 by Chuck Krugh, CFP

2017 promises to be a volatile and challenging year for the health care industry as a whole. President-Elect Trump is likely to push Congress to make significant changes to the way health insurance is marketed and sold, and doctors are going to be in the middle of it. Smart physicians need to be very agile […]

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New Years Resolutions for Doctors

Posted on: January 12, 2017 by Chuck Krugh, CFP

The New Year is traditionally a time to act on plans for self-improvement. Millions of Americans will be working to lose weight, to achieve success at work, improve their 2 mile run time, or to achieve a variety of financial and personal goals. Here are some great New Year’s resolutions for doctors to consider: Go […]

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6 Investing Mistakes Doctors Make Too Often

Posted on: December 27, 2016 by Chuck Krugh, CFP

For a bunch of smart people, doctors are notorious for being bad investors. But bad investment decisions are preventable. Understanding the common mistakes physicians make when it comes to investing their money can pay big dividends in the future. Failure to start early. Yes, physicians enter their careers with a lot of debt to pay […]

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Doctors Must Improve Cybersecurity

Posted on: December 15, 2016 by Chuck Krugh, CFP

If you’re a physician in private practice, computer security is a critical operation. Since all your patient records are by definition sensitive, personally identifiable information (PII), a data breach or compromise can potentially be very damaging to your patients – and send your practice on a fast track to bankruptcy. We recently learned that 500 […]

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Why is Disability Insurance More Expensive for Women?

Posted on: November 9, 2016 by Chuck Krugh, CFP

Occasionally we have clients compare rates for similar individual disability insurance policies for men and women. “Why are rates higher for women,” they ask. The answer: Because it’s worth it! Here’s why: When insurance companies set rates, they base them on their claims experience for similar policy holders in the past. Insurance actuaries are some […]

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Common Disability Insurance Riders

Posted on: October 20, 2016 by Chuck Krugh, CFP

A rider is a special feature or additional guarantee on top of a basic insurance policy. Some riders are available for free – you just have to check the appropriate box on the application. For other riders you may have to pay some additional monthly premium. But depending on your individual situation, the extra guarantees […]

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