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Navigating the doctor disability dilemma Common missteps among doctors when signing up for disability insurance often revolve around employer-provided policies. Many mistakenly believe they don't need additional coverage if their job offers it or opt to cancel their private insurance for perceived savings. However, some employer policies, despite appearing similar on the surface, may have significant differences upon closer inspection. This can lead to confusion and potential gaps in coverage. Therefore, it's vital for doctors to not rely solely on employer-provided disability insurance and to thoroughly assess the terms and benefits of any policy they consider. Shelby Heiser is an advisor with Pattern whose mission is to take care of doctors so they can have the peace of mind and financial security to take care of others. Find out more at https://lnkd.in/eTMnFgDW #Sponsored #DoctorInsuranceBlunders #CoverageConfusion #PolicyPitfalls #InsuranceInsights #DoctorDisabilityDilemma #EmployerCoverageCaution #InsuranceIntelligence #CoverageClarity #DisabilityInsuranceDecisions #InsuranceMythsDebunked

While individual disability insurance is often the first disability insurance product most doctors purchase to protect their income, it is just the starting point for most. This is particularly true for high earners. While nearly every doctor would benefit from added coverage, those in higher-earning medical specialties, those who are self-employed, and those who live in states with high salaries and high costs of living are at the most risk of developing a coverage gap. Therefore, brokers should prioritize ensuring these clients have the right amount and type of disability insurance to protect their current income. To learn more about disability coverage gaps, and how MGIS can help, click here https://lnkd.in/eBaYXpqS #mgis #disability #doctors

Have you ever paused to consider what would happen if an unexpected disability prevented you from working? It's a question that many of us prefer not to dwell on, yet it's a crucial aspect of safeguarding our futures. Disability insurance offers you the peace of mind and financial security you need in such unforeseen circumstances. By investing in disability insurance, you're not just protecting your income; you're safeguarding your family's well-being and ensuring your ability to meet your financial obligations, even if you can't work due to disability. Don't leave your future to chance-take proactive steps today to secure it with disability insurance. 📞Get in touch with Manpreet Singh on 306-472-2020 📧Reach out to us via email at [email protected] 🌐For more info visit - ms-insurance.ca #punjabinsurance #secureyourfuture #disabilitycoverage #financialprotection #peaceofmind #safeguardyourincome #insureyourfuture #protectyourfamily #financialsecurity #planfortheunexpected #incomeprotection #dontleaveittochance #disabilityinsurance #planfortomorrow #insureyourself #safeguardyourlife

📢 May is Disability Insurance Awareness Month! 🌟 Let's take a moment to recognize the importance of protecting ourselves and our loved ones against the financial risks of disability. 💪 Disability insurance provides a safety net in case we are unable to work due to illness or injury. It ensures that we can still meet our financial obligations and maintain our quality of life during challenging times. 🌈 Unfortunately, many people overlook the need for disability insurance, assuming that it won't happen to them. But the reality is, disabilities can affect anyone at any time. It's better to be prepared than to be caught off guard. ⚠️ So, let's spread awareness and encourage everyone to consider disability insurance as an essential part of their financial plan. 💼 Share this post to remind your friends and family about the importance of protecting themselves and their income. Let's empower each other to secure a brighter future! ✨ #DisabilityInsuranceAwarenessMonth #ProtectYourIncome #FinancialSecurity #BePrepared #SpreadAwareness

May is Disability Insurance Awareness Month. Check out this interesting article that dives into some wide held misconceptions about disabilities and disability insurance. #Protected #DisabilityInsurance #Disability #GrowthMindset #Growth #Coaching #FinancialCoaching #FinancialPlanning #FinancialPlanner #CoachingFinancial #Broker #InsuranceBroker #Insurance #CoachingInsurance #BenefitsSpecialist #EmployeeBenefitsProvider https://lnkd.in/gXj4hAug

Have you ever paused to consider what would happen if an unexpected disability prevented you from working? It's a question that many of us prefer not to dwell on, yet it's a crucial aspect of safeguarding our futures. Disability insurance offers you the peace of mind and financial security you need in such unforeseen circumstances. By investing in disability insurance, you're not just protecting your income; you're safeguarding your family's well-being and ensuring your ability to meet your financial obligations, even if you can't work due to disability. Don't leave your future to chance-take proactive steps today to secure it with disability insurance. 📞Get in touch with Manpreet Singh on 306-472-2020 📧Reach out to us via email at [email protected] 🌐For more info visit - ms-insurance.ca #secureyourfuture #disabilitycoverage #financialprotection #peaceofmind #safeguardyourincome #insureyourfuture #protectyourfamily #financialsecurity #planfortheunexpected #incomeprotection

It appears the minister is trying to control NDIS costs by making it unaffordable for allied health practitioners to see NDIS clients. This logic is severely flawed for 2 reasons 1) allied health accounts for a small fraction of NDIS expenses 2) ndis benefits accrue from participants contributing to society and the economy by hindering access to allied health you hinder participant contribution It appears pricing decisions are just PR spin to look managing NDIS costs.

A complex & contentious issue surrounding the NDIA & its positioning within the broader context of social services & welfare in Australia. The NDIA's role is to implement the NDIS, to provide support to Australians with disability, their families, & carers. However, the framing of disability support under the umbrella of "welfare" rather than as a matter of rights & social justice, can raise significant ethical, legal, & social questions. Shifting discourse around #disabilitysupport from rights-based framework to a welfare-based one can invoke ethical dilemmas. Suggesting that support for PWD is a matter of charity rather than a fundamental right, undermining the autonomy & dignity of PWD. This transition leads to a paternalistic approach to disability support, where individuals are seen more as recipients of aid rather than as rights-holders with agency & autonomy. #UNCRPD to which Australia is a signatory, advocates for viewing disability through a human rights lens. This international #bestpractice emphasizes the importance of recognizing the rights of PWD to live #independently & be included in all aspects of society. The framing of disability issues within a welfare context may raise questions about Australia's commitment to these international obligations & standards. The categorization of #disability under "welfare" rather than as a core component of social justice & #humanrights issues can dilute the focus on creating an inclusive society that accommodates diversity. This perspective may neglect the social model of disability, which argues that society itself needs to adapt to the needs of PWD, rather than viewing individuals as needing to be "fixed" or "cared for." The conceptualization of the NDIA's work as a "welfare" issue could influence policy directions & funding allocations. It might prioritize short-term financial considerations over long-term investments in accessibility, inclusion, & #empowerment for people with disabilities. The embedding of disability services within the broader welfare framework may also impact #transparency & #accountability mechanisms. It's essential to scrutinize how funding is allocated & services are delivered to ensure they meet the #needs of PWD effectively & respectfully. Some countries have implemented policies that more explicitly recognize the rights of PWD to #education, #employment, & independent living, supported by comprehensive legal & social frameworks. The framing of disability #support within a welfare context presents philosophical paradoxes concerning the value society places on independence, autonomy, & rights versus the paternalistic approach of welfare. This situation invites us to question the foundational assumptions about disability, support, & society's role in #facilitating an #inclusive environment for all citizens. It challenges us to reflect on whether our societal structures reflect principles of equity, justice, & respect for all individuals.

I am a big proponent of Disability Income insurance as a key component of an overall financial plan. If your clients are high-income professionals, what they have through work is likely insufficient. Look for opportunities to discuss supplemental coverage. #DIAM2024 #HighlandCapitalBrokerage #ProtectYourPaycheck

Are you healthy? Do you depend on your income? What would happen if you experienced a short term or long term disability? When it comes to your financial future, isn't it better to make sure all your bases are covered? 🙆🏼♀️ This Disability Insurance Awareness Month, reach out to learn how individual disability insurance from New York Life can help supplement government programs or enhance your employer benefits, so you can have peace of mind knowing you're fully covered. 💸 #DisabilityInsurance #Incomereplacement #disability #protection #protectyourincome