Page 39 - Delaware Medical Journal - May/June 2018
P. 39
MSDIS CORNER
insurance companies and third-party administrators. Insurance companies are not going to proactively tell your practice should be an advisor who can adequately explain the different options available, determine what your physicians and
your employees value in their medical
There is only one catch to innovation.
diligence to make sure these plans
see their renewal until 60 days before the effective date. These solutions take time to evaluate and implement. The process starts with education
of the partners and communication
with employees. This part should be before your renewal date. Practices with
January 1 renewals should be starting this process in August and September of the prior year. However, if your renewal is upon you, look for the solutions in the rather than waiting until the last three months before the renewal.
If you decide that it’s time to replace your old car, you wouldn’t tell the dealer to simply match the options on your current car and you’ll drive it off the on the next car to ignore understanding what’s available. Treat your practice’s health insurance like that new car. Look for what choice has the lowest cost of ownership, with the right options, and will stay on the road for many years to come. If you do, you may be pleasantly surprised and will be the envy of your peers.
CONTRIBUTING AUTHOR
■ AARON MITCHELL is MSDIS’s lead Employee Benefits marketing representative, coordinating all lines of insurance. His team can be contacted with questions on this article or any insurance topic. Contact Aaron at 302-397- 0170 or aaron.mitchell@usi.com.
Medical Society of Delaware Insurance Services (MSDIS) is a wholly owned insurance brokerage subsidiary of
the Medical Society of Delaware and powered by USI Insurance Services. MSDIS was formed by Delaware physicians for Delaware physicians. We serve all insurance needs for your practices, your families, and your friends.
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1401 Foulk Road, Suite 202 • Wilmington, DE 19803
Space Available for sharing or sublease:
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