How to Become a Medical Director

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Are you looking for an opportunity to work in a non-clinical job?

Would you be interested in a challenging new position that will give you more authority in your field?

If you’re a physician that’s ready to take on a leadership role, you may want to consider becoming a medical director.

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Following is an in-depth look at the role of the medical director. From the requirements and certifications you’ll need to the day-to-day duties, we’re breaking down everything you need to know about the role and responsibilities.

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Physician Recruiting: Merritt Hawkins Review

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There are many employment opportunities for certified, licensed physicians in the United States.

In some areas of the country, physicians are in such high demand that bonuses have become almost a standard. As of 2017, physicians reported earning an average signing bonus of $30,000.

But finding a job takes time, and finding the perfect job takes even longer. That is why so many physicians turn to physician recruiters to connect them with potential future employers.

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Whether you’re just finishing your residency or are looking for a new job after decades in the industry, there are many recruiters that can help you find your next position.

Let’s take a look at one in particular: Merritt Hawkins.

Are you an employer looking to hire a new physician?

Are you a physician searching for a new job opportunity?

If so, here’s everything you need to know about Merritt Hawkins and why it might be a good choice for you.

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How to File a Disability Insurance Claim for Physicians

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Almost everyone that has disability insurance bought their policy with the hopes of never having to use it. But the fact is that 25% of people who are currently twenty years old will be out of work for at least a year due to a disabling condition before retirement.

When those injuries, illnesses, and disabilities occur, not only will you need disability insurance, but you’ll need to know how to file a claim.

The cost of disability insurance varies from policy to policy, with the average plan paying benefits of about 60% of your gross salary. That 60% of your income can be the difference between being able to pay your mortgage and daily living expenses or depleting your savings.

Today we’re discussing how to file a disability insurance claim for physicians.

We’ll cover how to file, when to file, and what you can do to protect yourself so that you collect the disability income you deserve.

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The Rehabilitation Begins

Markets fell marginally this week as the first wave of economic re-openings were being set to take place. Several U.S. states are permitting non-essential businesses to open in spite of the continuing Covid-19 threat. Equities have begun to taper off as investors eye the specifics of plans to reopen the U.S. economy. Most sectors finished … Read more

Provider Reviews: The Standard Disability Insurance

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As a physician, having disability insurance is the best way to protect your income and your future finances. In the event that you become ill or disabled and cannot work, disability insurance will pay you a portion of your pre-disability earnings.

It could be the difference between draining your life savings and being able to maintain your financial obligations without going into debt.

But with so many insurance providers to choose from, deciding which policy to select can be a difficult decision. As part of our ongoing series of disability insurance provider reviews, today we’re taking a look at The Standard.

We’ll cover what The Standard disability insurance can offer you, how it works, and how you can customize a disability plan that suits your individual needs as a physician.

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Provider Reviews: Principal Disability Insurance

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In the past few months, we’ve written quite a bit about disability insurance and why it’s so important. For physicians, it is the best way to protect your income if you become injured or disabled and cannot do your job.

If you become injured or ill, your bills won’t stop. You’ll still have to pay your mortgage, and you’ll still have to pay back your medical student loan debt.

Therefore, disability insurance can help pay all of those expenses, provide security for your family, and protect your financial future.

Physicians always come to us for advice on disability insurance. When they do, we hear the same question over and over:

Who is the best provider for long-term disability insurance?

As part of our continuing series of Provider Reviews, we’re detailing some of the best (and worst) disability insurance providers for physicians.

Today we’re taking a look at Principal disability insurance.

Here is our complete provider review on Principal disability insurance.

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How COVID-19 Is Affecting Physician Employment Contracts

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While COVID-19 has left no corner of the medical field unaffected, physicians around the country are experiencing the effects of the pandemic in different ways. While many pulmonary and critical care doctors are struggling to meet the needs of a growing patient load, other practices are reducing hours. As well as cutting costs and even … Read more

Hidden “Own-Occupation” Traps in Physician Disability Insurance

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When it comes to disability coverage, beware the fine print. The difference between “own-occupation” and “any-occupation” coverage is one of the most important distinctions in physician disability insurance. True own-occupation coverage provides doctors with essential income protection, while lesser policies can leave physicians exposed to extreme financial risk in the event of a disability. Own-occupation … Read more

The Market Rollercoaster Continues

The Market Rollercoaster Continues Markets jumped this week as the novel coronavirus Covid-19 continued its spread, as shutdowns and quarantines remained in place around most of the globe. Equities have been on a wild trajectory with large price swings as investors still seem unable to determine a steady value for stocks. Sectors diverged widely from … Read more

Provider Reviews: Guardian Disability Insurance

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At Physicians Thrive, we always stress the importance of disability insurance. And that’s because disability benefits equal income protection. For physicians and high-income earners, it’s crucial to have a safeguard in place in case you become too ill or injured to work and earn income. Disability income insurance is one of the best ways to … Read more