Story at-a-glance Physician pay varies wildly by city – Doctors in smaller cities and rural areas earn more than peers in major metros like NYC or SF.Cost of living makes a huge impact – Even high salaries in big cities often don’t go far after housing, taxes, and expenses.Highest-paid cities
Association Disability Insurance
Story at-a-glance Low rates now, high cost later – Association premiums may start cheap but skyrocket as you age.Your contract can change – Association plans can adjust terms, deny claims, or cancel coverage.Not true own-occupation – Income from teaching or consulting could reduce your
Five Important Disability Insurance Riders Doctors Should Understand
Story at-a-glance Riders can dramatically strengthen your disability policy, especially for physicians with evolving income and responsibilities.The Residual Disability Rider ensures you’re covered for partial disability and during your recovery—essential for medical professionals easing back
Why is Disability Insurance More Expensive for Women?
Story at-a-glance Women pay more for disability insurance because they file more claims, especially earlier in life, due to pregnancy, autoimmune conditions, and mental health challenges.Insurance companies use historical claims data to set premiums—and women consistently have higher
Common Disability Insurance Riders
Story at-a-glance Riders add important protections and customization to your disability policy—some are free, others cost a small premium.The Own Occupation Rider is essential for physicians, ensuring benefits are paid if you can’t work in your medical specialty—even if you can work
Are You Affected by the Recent American Dental Association (ADA) Disability Insurance Rate Increase?
Story at-a-glance Dentists saw sharp premium increases in 2023, with men facing up to a 16% hike and women up to 21% under the ADA-sponsored Great West plan.ADA policyholders don’t own their coverage directly, meaning changes can be made without their consent.Future increase options are
MetLife Leaves the Individual Disability Insurance Game
Story at-a-glance MetLife offered one of the best “own occupation” disability policies for doctors—but they stopped selling new policies in 2016.These policies were up to 20% cheaper than other similar options, making them a standout value for physicians.Without MetLife, pricing on similar
Best States for Doctors
Story at-a-glance Doctors thrive in states with low taxes, strong asset protection, and a business-friendly environment.Texas and Florida stand out with no state income tax and strong legal protections for personal assets.Mississippi offers low cost of living and cheap malpractice insurance,