If you are a physician looking for a high-quality disability policy to supplement your employer policy or your total coverage, this article is for you. If you are a resident, take a look at our How to Buy Disability While in Residency article. Own-Occupation or Own-SpecialtyA true
Independent Contractor Physician First Steps
Welcome to the world of self-employment. As an independent contractor physician, you are in the enviable position of being in high demand. Being self-employed creates a series of challenges that your peers who aren't independent contractors might not experience. One of these challenges is finding
How to Buy Disability Insurance While in Residency
As a resident you face a dilemma. You are probably aware you need disability insurance but the cost can be prohibitive. A “good” resident policy with a $5,000 a month benefit can cost between $1,500 and $3,000. With an average PGY1 salary in 2016 of $52,200, that cost represents 3% to 6% of your
Switching from RePAYE to another Repayment Plan, Part 2
The only time switching from RePAYE to PAYE while still in residency will help is if your loan balance is low compared to your increasing income.I discussed why switching after residency does not work in my blog post here. I thought it would be helpful to go through some specific scenarios on
Thinking About Switching from RePAYE While in PSLF? Think Again!
Pursuing PSLF and planning to switch from RePAYE to PAYE after residency does not work. You are better off choosing the best plan up front or switching to PAYE while still in residency.You will not be able to change to IBR once your income increases, nor will you be able to switch to the 10-Year
Essentialism by Greg McKeown
Essentialism is a mindset. It is a way to approach all of the incoming opportunities and requests for your time and only accepting the truly important ones. The concept of this book is very simple. If you work on many tasks at once, you will make very little progress on any of those tasks. If you