The Doctors Company Announces $8.6 Million Member Dividend
$440 Million in Dividends Rewarded to Members to Date
Napa, California—April 1, 2021—The Doctors Company announced today that it has approved a 2021 premium dividend of approximately $8.6 million, bringing the total declared dividends to date to $440 million.
“We are proud to once again reward members with dividends, which is part of our mission to advance, protect, and reward the practice of good medicine,” said Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors Company and leader of the TDC Group of companies. “As a member-owned company, we are committed to sharing the results of our financial success with the physicians we insure, many of whom have struggled economically this past year while delivering care in conditions unimaginable during the pandemic.”
Dividends of up to 10 percent were approved by The Doctors Company Board of Governors for eligible members in the following states: Colorado, Florida, Maryland, North Carolina, Ohio, and Virginia. Members of the American Society of Plastic Surgeons® may also receive a dividend.
Eligible members will receive this year’s dividend on their annual premium for policy renewals on or after July 1, 2021.
Unlike commercial insurance companies, which look for ways to reward shareholders, The Doctors Company is dedicated to rewarding its members. In addition to dividends, the company provides the Tribute® Plan, an unrivaled career benefit that has awarded more than $100 million to retiring doctors.
About The Doctors Company Founded and led by physicians, The Doctors Company (thedoctors.com) is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company takes the mal out of malpractice insurance by helping hospitals and practices of all sizes manage the complexities of today’s healthcare environment—with expert guidance, resources, and coverage. To learn more about data-driven insights and to stay up to date on industry trends, follow and subscribe to The Doctors Company on Twitter (@doctorscompany), YouTube, LinkedIn, and Facebook. The Doctors Company is part of the TDC Group of companies (TDC Group), the nation’s largest physician-owned provider of insurance, risk management, and healthcare practice improvement solutions. TDC Group (thetdcgroup.com) serves the full continuum of care from individual physicians to academic medical systems—over 100,000 healthcare professionals and organizations nationwide—with annual revenue of $1 billion and over $6 billion in assets.