The Doctors Company Announces the Tribute Plan
The Doctors Company, the nation’s leading physician-owned medical malpractice insurance carrier, is pleased to introduce the Tribute℠ Plan, a breakthrough new financial benefit that rewards physician members for their loyalty to the company and for their commitment to outstanding patient care.
“The Tribute Plan is a significant reward that underscores The Doctors Company’s mission to advance and protect the practice of good medicine,” said Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors Company. “As a member-owned, doctor-led organization, we believe that if we work together to promote outstanding patient care and keep claims low, we all win.”
The Plan utilizes a loyalty pool to reward members. A portion of the balance is allocated to each physician annually based on that physician’s premium. Members will receive their Tribute Plan award when they reach age 55 or older, have five or more years of continuous coverage with The Doctors Company, and retire from the practice of medicine.
“The Tribute Plan is a long term commitment to our members and to improving the environment in which our doctors practice. We believe it is a benefit that no other national medical malpractice carrier can match,” continued Dr. Anderson.
The Plan is an addition to the many benefits that members already receive. The Company continues to reduce premiums, pay dividends, provide industry-leading claims defense, and offer comprehensive risk management and patient safety programs as it delivers outstanding customer service.
Eligible members of The Doctors Company with policies in force on or after January 1, 2007 are automatically enrolled and have begun accumulating balances. Tribute Plan awards are delivered as a lump sum payment when the member retires. For additional information about the Tribute Plan, please visit: www.thedoctors.com/tribute.
About The Doctors Company
Founded by doctors for doctors in 1976 to advance and protect the practice of good medicine, The Doctors Company (www.thedoctors.com) is the nation’s leading physician-owned medical malpractice insurance provider. With $2 billion in assets and A- ratings by A.M. Best Company and Fitch Ratings, The Doctors Company enjoys a reputation as the industry vanguard.