The Doctor’s Advocate | Second Quarter 2021
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2021 Member Dividend Announced
The Board of Governors has declared 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 (TDC Group). “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 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 $120 million to retiring doctors.
Dr. Anderson Featured on Our Partnership Podcast with APG
TDC Group is exclusively sponsoring APG on American Healthcare, a podcast by America’s Physician Groups (APG) to bring leading voices to the forefront on what healthcare looks like today and in the future.
Each podcast features APG President and CEO Don Crane in discussion with the nation’s top healthcare executives, policymakers, and industry experts on issues facing the value-based healthcare movement.
A recent APG podcast featured special guest Chairman and CEO Richard E. Anderson, MD, FACP, who addressed key questions that included:
- What does the consolidation and merger trend in the healthcare industry mean for patient care and costs?
- Will we soon face a surge of COVID-19 medical liability cases?
- How is retail medicine impacting primary care in the United States?
Dr. Anderson explores these topics and more with host Don Crane. Find this episode and subscribe to APG on American Healthcare on Apple podcasts, Google Play, Spotify, and Amazon. Read the transcript of Dr. Anderson’s podcast.
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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.
Second Quarter 2021
Perspectives from the CMO
Prevent, Communicate, Document: Medical Malpractice Data Help Us Manage Risk
An Ounce of Prevention
Telehealth Tune-Up: Preparing for Care After COVID-19
Government Relations Report
Advocating for a Medical Profession Under Attack
2021 Foundation Updates
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Industry and Company News