The Doctor’s Advocate | Second Quarter 2019
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Industry and Company News
2019 Member Dividend Announced
The Board of Governors has declared a 2019 premium dividend of approximately $10 million, bringing the total paid out in dividends to more than $425 million.
“We are proud to once again reward our members with a strong dividend,” said Richard E. Anderson, MD, FACP, chairman and CEO. “The doctors we insure are members, not policyholders. And dividends are a cornerstone of our mission to advance, protect, and reward the practice of good medicine.”
Dividends of up to 15 percent were recently approved for eligible members in the following states: Colorado, Idaho, Maryland, Michigan, Montana, New Mexico, North Carolina, Ohio, Virginia, Washington, and Wyoming.
Members of the American Academy of Otolaryngology—Head and Neck Surgery and 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, 2019.
Ellen H. Masterson, MBA, CPA, Appointed to Board of Governors
We are pleased to announce the appointment of Ellen H. Masterson, MBA, CPA, to the Board of Governors.
Ms. Masterson served as a senior partner at PricewaterhouseCoopers LLP (PwC), where she held both U.S. and global leadership roles and worked with business leaders throughout the PwC network of firms in 144 countries, following many years working with clients in both the insurance and healthcare industries. She also served as senior vice president and chief financial officer of American General Corporation, a Fortune 200 financial services company.
“We are pleased to welcome Ellen Masterson to our Board of Governors,” said Richard E. Anderson, MD, FACP. “Her experience with world-class professional and financial services companies will assist us in continuing to be a financially strong company that protects our members now and in the future. She joins an accomplished, distinguished group of professionals who are passionate about our mission.”
“I am excited to join this group of outstanding leaders from the medical and business communities in support of Dr. Anderson and the management team of The Doctors Company,” said Ms. Masterson. “The promotion of quality healthcare and exceptional financial risk management are both critical to further the mission of the company.”
The Doctor’s Advocate is published by The Doctors Company to advise and inform its members about loss prevention and insurance issues.
The guidelines suggested in this newsletter are not rules, do not constitute legal advice, and do not ensure a successful outcome. They attempt to define principles of practice for providing appropriate care. The principles are not inclusive of all proper methods of care nor exclusive of other methods reasonably directed at obtaining the same results.
The ultimate decision regarding the appropriateness of any treatment must be made by each healthcare provider considering the circumstances of the individual situation and in accordance with the laws of the jurisdiction in which the care is rendered.
The Doctor’s Advocate is published quarterly by Corporate Communications, The Doctors Company. Letters and articles, to be edited and published at the editor’s discretion, are welcome. The views expressed are those of the letter writer and do not necessarily reflect the opinion or official policy of The Doctors Company. Please sign your letters, and address them to the editor.