Most people who get as far as receiving a quote from a disability insurance site see the price of the policy. But it’s important to understand the value of a disability insurance policy as well. The fact is that one in four of you reading this will struggle with a disability disrupting your ability
Misguided Missiles: Sleep-Deprived Medical Residents and Motor Vehicle Accidents
Consider this:A pregnant resident and member of The Committee of Interns and Residents (CIR/SEIU), a multi-state union, tells a story of working a long shift in the intensive care unit at a hospital. One day, after clocking in at 7:15 am, she worked for 30 straight hours because there were a lot of
Biggest Mistakes Physicians Make When Filing Disability Claims – Part II
In Part I of Biggest Mistakes Physicians Make When Filing Disability Claims, we suggested that the biggest mistake a physician can make is to purchase an inadequate disability policy. But, assuming they work with a disability insurance specialist who understands the unique needs of medical
Biggest Mistakes Physicians Make Filing Disability Claims – Part I
If you’ve been following the guidance offered in this blog, you have avoided the mistakes many physicians make in selecting the right type of disability policy; and you can be assured of having the maximum coverage provided by a specialized disability carrier. Job well done. But, your job isn’t
Physicians take Note: When a Total Disability is Not a Total Disability
Total Disability is Not a Total DisabilityFor physicians, buying the best possible disability insurance coverage is essential in order to protect their most valuable asset – their ability to earn an income. Yet, buying a policy and simply filing it away until a situation arises when you might need
Doctor Disability: Headache Disability Claim
Doctor Disability: Headache Disability ClaimA major insurer just settled a $40,000 per month disability claim that had been held up over questions about the nature of the disabling condition—headaches. The professional, who earned about $1 million a year in her practice, became unable to work as the
Consumer-Directed Healthcare Plans Can Prevent Disability
Consumer-Directed Healthcare Plans Can Prevent DisabilityThe provision of consumer-directed healthcare plans through the workplace is up. These are plans offered by employers that combine a higher deductible with a reasonable premium and, often, the ability to use untaxed earnings to pay for medical
Dovetail Your Disability and Health Coverage
Dovetail Your Disability and Health CoverageIf your clinic, center, practice or group is one of the many professional medical organizations offering both health and disability insurance to your executives, doctors and workers, you need to know about the benefits of dovetailing your health and