Retiring Physicians Receive $1 Million in Tribute® Plan
The Doctors Company Rewards for Loyalty and Outstanding Patient Care
Napa, California—November 30, 2009—The Doctors Company, the largest national insurer of physician and surgeon medical liability in the U.S., has paid over $1 million in Tribute rewards to retiring member physicians.
The Tribute Plan is a significant reward that underscores The Doctors Company’s mission to advance, protect, and reward the practice of good medicine. This innovative financial reward compensates members for their dedication to providing superior patient care and for their loyalty to The Doctors Company.
“Only The Doctors Company honors a lifetime of member service with a significant financial award,” said Richard E. Anderson MD, FACP, chairman and CEO. “This unprecedented payment to our members is another example of our commitment to them and a demonstration of our belief that when we work together to promote the practice of good medicine, we all win.”
Physicians have responded well to the Tribute Plan. Member satisfaction is at an all-time high, and member loyalty has also improved, with 97 percent stating that they are likely to renew with The Doctors Company in 2010. One member commented that he is “thrilled that there is a financial reward,” while another said “No one else in the industry rewards physicians like The Doctors Company.”
The Tribute Plan is in addition to many other tangible benefits of membership in The Doctors Company, including the potential for multiyear dividend distributions, innovative patient safety programs, and a wide array of tools, support, and services to make practicing medicine easier and more rewarding for members.
For more information about the Tribute Plan, please visit www.thedoctors.com/tribute.
About The Doctors Company
Founded by doctors for doctors in 1976, The Doctors Company (www.thedoctors.com) is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company is the largest national insurer of physician and surgeon medical liability in the U.S. with 46,000 member physicians, $3 billion in assets, an A rating by Fitch Ratings, and an A- rating by A.M. Best Company.