Group Benefits for Medical Professionals

Specialized Solutions for a Stronger Practice

Medical practices large and small face unique risks and the rate of physician turnover and retirement is increasing. In fact, the turnover rate for physicians is at its highest rate since 2005.1 That’s why we’ve developed specialized group life, disability, and accident insurance solutions to help protect and strengthen a business’s recruiting and retention effort and could help cut the costs associated with turnover. Some of our most popular features among medical professionals include:
 
  • Group contracts specifically designed for medical groups to help address the unique needs of the profession
  • Flexible, enhanced coverage
  • Specialty and Sub-specialty definition of occupation protection for physicians
  • No self-reported symptom limitations
  • Voluntary life with a guaranteed issue amount of up to $150,000 for physicians and $100,000 for all other staff

Experience Exceptional – The Hartford Difference

There are many benefits to working with our dedicated claims and underwriting teams:
 
  • Our claims specialists average more than 15 years of service processing claims.
  • For more than 11 years, our claimant satisfaction rating has exceeded 90%.2
  • We have a deep understanding of essential duties – including physician specialties and sub-specialties.
  • Our dedicated underwriters understand the unique business risks facing the medical industry and price plans appropriately.

Benefits Administration Simplified

For over 50 years, we’ve helped make administering benefits for the healthcare industry easier through dedicated service and support. Our product features add value, not managerial burden, so you can offer your employees affordable coverage while enjoying the benefits of streamlined administration.
 

Additional Information for Medical Professionals

 
 
The Hartford® is The Hartford Financial Services Group, Inc. and its subsidiaries, including issuing companies Hartford Life Insurance Company and Hartford Life and Accident Insurance Company. Home Office is Hartford, CT.”
 
1 9th annual Physician Retention Survey from the American Medical Group Association (AMGA) and Cejka Search; cited in “Physician Turnover Remains High as More Physicians Retire” article, 8/21/14.
 
2 Bourget Research Group, Claimant Satisfaction Surveys, 2003-2008. Percentage represents unweighted combination of LTD and STD claimant responses of “completely” or “mostly” satisfied. GfK Claimant Satisfaction Study, 2009-2015.
 
Accident Form Series includes GBD-1000, GBD-1300, GBD-2000, GBD, 2300. Critical Illness Form Series includes GBD-2600, GBD-2700. Disability Form Series includes GBD-1000, GBD-1200. Life Form Series includes GBD-1000, GBD-1100. Hospital Income Plan Form Series includes GBD-2800, GBD-2900. Group Retiree Health Form Series includes GBD-2400, GBD-2500.
 
5759h NS 08/17