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Physicians

The Doctors Company's Tribute Plan: A $200 Million Tribute to Healthcare Professionals

Strategic Insights

— 1 min read

The Doctors Company, a leading physician-owned medical malpractice insurer, has announced that it has distributed over $200 million in Tribute Plan awards to more than 15,000 members since its launch in 2007. The Tribute Plan is a financial benefit that rewards retiring healthcare professionals for their loyalty and dedication to superior patient care. With the highest individual award exceeding $260,000, it is the largest such benefit in the industry.

Key Takeaways:

  • The Tribute Plan is a unique financial benefit that has been continuously funded by The Doctors Company since its launch in 2007, with over $200 million in awards distributed to more than 15,000 members.
  • The plan is backed by the company's strong financial position, with $7.8 billion in assets and $3.1 billion in member surplus.
  • The Doctors Company is the only medical malpractice insurer to provide an advocacy program covering all 50 states and the federal level.
  • The Tribute Plan is in addition to the company's ongoing dividend program, which provides further benefits to its members.
  • The plan is a reflection of the company's commitment to its members and the practice of good medicine.
  • The Doctors Company is led by physicians and is part of TDC Group, the nation's largest physician-owned provider of insurance and risk management solutions.

Statistics:

  • Over $200 million in Tribute Plan awards distributed to more than 15,000 members since 2007.
  • The highest individual award exceeding $260,000.
  • $7.8 billion in assets.
  • $3.1 billion in member surplus.
  • 119,000 healthcare professionals and organizations served by TDC Group nationwide.

Sources:

  • The Doctors Company
  • The Doctors Company, "The Doctors Company Issues $200 Million in Tribute Plan Awards," July 15
  • TDCG.com, "About The Doctors Company"

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