The Doctors Company Celebrates the Tribute Plan Fifth Anniversary
Career Award Represents Tangible Proof of Physician Membership
Napa, California—July 19, 2012—The Doctors Company, the nation’s largest insurer of physician and surgeon medical liability, is celebrating the five-year anniversary of the Tribute® Plan, an unrivaled benefit that provides members with a significant financial reward when they retire from the practice of medicine. The Tribute Plan underscores The Doctors Company’s mission to advance, protect, and reward the practice of good medicine.
The Tribute Plan rewards members for their loyalty to The Doctors Company and for their dedication to superior patient care. Today, over 1,300 Tribute awards have been distributed, and 22,700 members have qualified for a Tribute award when they retire from the practice of medicine. By the end of 2012, approximately $550 million will have been earmarked for Tribute awards.
“Five years ago, we created the Tribute Plan to reward and recognize careers spent committed to superior patient care,” said Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors Company. “The Tribute Plan is yet another unrivaled benefit that represents The Doctors Company’s long-term commitment to its physician members.”
The plan has received enthusiastic support from members, who see Tribute as tangible proof of their membership with The Doctors Company. Member satisfaction and loyalty are at an all-time high, with 96 percent of members stating they are likely to stay with The Doctors Company for their entire careers and 92 percent of members saying they would recommend The Doctors Company to their colleagues.
Medical groups have voiced positive reactions as well. As they face challenges recruiting new physicians, groups are using the Tribute Plan as a unique benefit to set them apart from competing groups.
“We are gratified by the positive responses we have received from our members and believe that the Tribute Plan demonstrates our commitment to defend, protect, and reward physicians who trust in The Doctors Company,” Dr. Anderson continued.
To learn more, and to hear what members are saying about the Tribute Plan, 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 nation’s largest insurer of physician and surgeon medical liability, with 71,000 members, $4 billion in assets, an A (Excellent) rating from A.M. Best Company, and an A (Strong) rating from Fitch Ratings.