Don’t Get Short-changed by Short-sighted Savings in Disability Insurance

October 1, 2025July 19, 2021 by Justin Nabity

Fully protect the investment you have made in your earning potential

Physicians often share other disability plan ideas they have been told about. We love when this happens so we can help them compare their options. But there is a concerning trend in these plans. We are seeing a shift in the definition of “total disability.” As a result, this shift leaves physicians exposed to risk. This risk often comes without significant cost savings when compared to more comprehensive plans. These plans are being marketed as being physician-specific because they cover occupations in the medical field. However, we would like to highlight the main difference from the “true own occupation” plans we recommend to our physicians. This difference might outweigh any premium savings. In addition, these methods can help you avoid any short changed issues that may occur due to short-sighted savings.

The Non-Compete Clause: What is it? Is it enforceable?

January 6, 2023July 19, 2021 by Justin Nabity

The Positives and Negatives of a Non-Compete Clause

When reviewing an employment contract, one of the first things physicians look for is the non-compete clause. It’s only natural to think about the level of job flexibility if they wish to leave an employer. Especially when it’s not a good fit. Statistically, younger physicians will stay at their first job for only two to three years.

Avoid This Costly Pitfall in Physician Contract Negotiation: The Forgiveness Period

October 10, 2025July 19, 2021 by Justin Nabity

You worked hard for your degree. Whether you’re landing your first job or looking to make a career move, understanding the nuances of physician contract negotiation can be a mentally taxing process. Your potential employer is looking out for their best interest. So it’s important that you look out for yours in securing the best possible terms for your career.

Thoroughly reading the proposed contract terms is vital. One aspect that can be particularly sticky is the pesky “forgiveness clause.” A key part of physician contract negotiation is knowing where employers may include terms that can cost you in the long run. Keep reading to learn more about how to get the best physician contract negotiation.

Radiologist Jobs: Where Are You in Demand?

November 27, 2024July 14, 2021 by Justin Nabity

Becoming a full-time radiologist requires many years of rigorous training and challenging coursework. However, once you have completed this education and training, securing a position in the field is often easier than expected.

To qualify for radiology positions, each radiologist must earn a bachelor’s degree, pass the MCATs, and attend medical school. Following this, they need to pass the USMLE, complete a residency program, and pass a licensing exam to obtain an official medical license.

Are you an experienced physician seeking a new position? Or are you finishing up your residency and looking for your first full-time job? Either way, there are many ways to secure a radiologist position.

Unsure where to begin your radiology job search?

Here’s our comprehensive guide to radiologist jobs and how to find them.

Moonlighting Medical Residents: Side Gigs to Make More Money

January 6, 2025July 8, 2021 by Justin Nabity

As a resident physician, there’s one thing you can count on:

You’re going to earn a relatively small salary despite the long hours and hard work you’ll be putting in.

Residents earn a fraction of what licensed physicians make. And if you’re already burdened by student loan debt, these crucial years of residency training can be some of the most difficult ones to endure.

For many residents, the only way to get ahead on student loans and start saving for the future is to search for moonlighting opportunities.

As a physician, working a side gig, even if for only a few hours per week, can have a serious impact on your finances and your future.

Locum Tenens Coverage: Disability, Health, Malpractice and More

January 3, 2025July 5, 2021 by Justin Nabity

Working in medicine is unique in that the title of “physician” means many different things.

Some physicians work around-the-clock shifts in hospital emergency departments. Other physicians operate private practices and focus on primary care or preventative medicine. Some deliver babies, some treat cancer patients, and some perform invasive neuro or cardiac surgeries.

Yet, no matter what type of specialty you’re in, all physicians share one thing in common:

The ability to perform their work anywhere in the world.

Tech experts might be most in-demand in Silicon Valley. Professional actors are more sought after in LA than in Idaho. On the other side of the coin, physicians can work in any and every major city, small town, and rural part of the world.

The vast majority of physicians work full-time jobs in or near the city in which they live. But a growing number of U.S. physicians, approximately 40,000, choose to work locum tenens positions.

Working as a locum tenens physician has many benefits, but before you give up your job search or quit your full-time gig, there’s something you should consider:

What types of insurance will you need?

If you’re considering working locum tenens, here are the top five types of locum tenens insurance coverage you will need.

Retirement Accounts – Should I or Should I Not Rollover?

August 5, 2023June 30, 2021 by Justin Nabity

As physicians change employers, they face the “rollover” decision – to move their retirement accounts or leave them. Here are some key considerations when facing that choice. When you change jobs, everything you need to take with you can usually be packed into a couple boxes for your move. Everything except your employer-sponsored retirement plan. … Read more

A Financial Advisor’s Review of Infinite Banking

November 26, 2024June 28, 2021 by Justin Nabity

When most people need a loan, they apply for a line of credit through a traditional bank and pay that loan back, over time, with interest.

But what if you could take a loan from yourself? What if you could avoid the big banks altogether, be your own bank, and supply yourself with your own line of credit?

For physicians and other high-income earners, this is possible to do with infinite banking.

Infinite banking isn’t for everyone, but it does provide some unique benefits. Here’s a financial advisor’s review of infinite banking and all the pros and cons involved.

What Doctors Need to Know About Critical Illness Insurance

October 20, 2022June 24, 2021 by Justin Nabity

Auto insurance. Life insurance. Health insurance. Homeowners insurance.

There are many types of insurance products that we all understand, we all need, and we all have.

But when it comes to insurance policies that can protect you in case of a future illness, medical condition, or injury… deciding which policy to choose can be a bit more complicated.

In recent months we’ve published guides to disability insurance and long-term care insurance.

Today we’re talking about a different type of protection:

Critical illness insurance.

Is critical illness insurance worth it? What does it pay for? What does it cover? Should you get it?

When planning for unforeseen medical emergencies, here’s what doctors need to know about critical illness insurance.

Searching Dermatology Jobs: How to Find the Best

November 26, 2024June 19, 2021 by Justin Nabity

Whether you practice general dermatology, pediatric dermatology, cosmetic dermatology, or work as a Mohs surgeon, finding the perfect opportunity can take time and dedication.

There are various ways you can go about finding a job in the city you want to work in and at a salary level that’s appropriate for your level of experience. But they all will need you to devote effort and energy. You’ll have to submit your CV, interview, and undergo reviews to verify your credentials, experience, and certifications.

Finding a new job is time-consuming, but you can make the process easier if you know where to look. If you’re searching for dermatology jobs, here’s how to find the best opportunities available.

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The Positives and Negatives of a Non-Compete Clause

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