Health, Disability, and Life Insurance

While it is very important to actively negotiate for money, it is equally as important to negotiate for other valuable resources such as time, support, and benefits. Think of these as creative ways to get “paid more.”

Once you have completed your negotiations and have all of the details of your arrangement documented in writing, it is sensible to have a lawyer who is used to reading physician employment contracts review yours before signing. Your fellow employees, your mentor, or even an internet search of local attorneys specializing in physician contracts can put you in touch with the right person.

In addition to health insurance, some jobs offer disability insurance and life insurance. However, the maximum coverage that your job offers may not be sufficient for a physician with a young family. Once you are a parent, in addition to maximizing your disability contributions with your employer, you should seriously consider obtaining additional coverage. Many physician specialty organizations offer disability insurance for their members.


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