Plan Design Creation/Alteration

A group disability plan customized and designed by specialists in your business to the specific wants and needs of your physician practice (every physician group has different wants and needs) and those individuals you seek to protect is paramount to your securing the best coverage at the absolute lowest cost. Time and time again we find ONE qualification in the plan design that, if changed, can reduce your costs dramatically, while maintaining your benefits exactly.  The number of variables contained in plan designs for physician group disability products is staggering.  Understanding the benefit, claim and cost consequence of each variable is vital in presenting multiple plans that accomplish the goals at hand.  A small sampling of the variables to be reviewed are:

• Classes of employees/staff, etc.
• % plans fitted to your medical practice
• Benefits needed
• Benefits not needed
• Alteration of “standard provisions”
• Layering of benefits and provisions
• Securing higher benefit limits by alternative methods

It is nearly impossible for someone who does not specialize in group disability for physician practices niche to comprehend how best to tackle the design of the plan.  Because MD Group Insurance represents ONLY physician groups and is constantly staying apprised of both insurance and medical group trends, products and changes, we can present and deliver to you the best and least costly solutions for today and long into the future.