Professional Documents
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Each year
MD Preferred identifies and promotes uniquely qualified, "doctor friendly", community based
preferred professionals from a wide range of disciplines including: Attorneys, Realtors,
Mortgage Lenders, Insurance Agents, Accountants, Commercial Bankers, Financial Planners &
Practice Management Services, who are committed to serving the healthcare demographic and
offering a superior service experience.
CLS serves the medical community as an independent agency specializing in creative medical
malpractice insurance solutions to physicians, surgeons, hospitals, locum tenens firms, nurse
staffing firms as well as other entities in the healthcare industry. Our focus is providing high
quality customer service and matching you with the right protection at the right price.
In the complex climate of professional liability insurance that exists today we have time and
knowledge to work on your behalf. We work with all major carriers, soliciting and developing
new markets and support any types of tort reform that will help solve the current liability
crisis.
We have access to many insurance programs for all your professional liability insurance needs.
We have long standing relationships with our carriers' underwriters so we can get things done!!
INSURANCE AGENTS
MORTGAGE LENDERS
INSURANCE AGENTS
MORTGAGE LENDERS
PERSONAL FINANCE
Do your part in protecting your identity
Make it harder for someone to steal your personal information. But be prepared in case the worst
happens:
Do not sign the back of your credit cards. Instead, put PHOTO ID
REQUIRED.
When you are writing checks to pay on your credit card accounts, do not put
the complete account number on the Memo Line. Instead, just put the last
four numbers.
Put your work phone # on your checks instead of your home phone. If you
have a PO Box, use that instead of your home address. If you do not have a
PO Box, use your work address. Never have your SS# printed on your
checks.
Photocopy the complete contents of your wallet. Do both sides of each license, credit card, etc. You will know
what you had in your wallet and all of the account numbers and phone numbers to call and cancel. Keep the
photocopy in a safe place. When traveling abroad, carry a photocopy of your passport.
In case your wallet is lost or stolen here are some things you should do WITHIN HOURS of discovering the
loss:
Notify the credit card companies. The key here is having the toll free
numbers and your card numbers available. If you followed the above
procedure you will have a complete copy at your disposal.
Call the 3 national credit reporting organizations immediately to place a fraud
alert on your name and also call the Social Security fraud line number. The
alert will inform any company checking your credit that your information was
stolen. They will be required to contact you by phone to authorize new
credit.
REAL ESTATE
This is a Spin that I Just Cant Sign Up For
To be clear, I am no fan of healthcare reform legislation. And one
of my greatest objections to the law is the host of revenue
generators that have been stuffed into this Trojan horse. Revenue
generators are Washington speak for taxes.
But to be fair (an alien concept for most politicians) there are some
false red flags that have been raised regarding one of the most
onerous of these hidden taxes. Im referring to the 3.8% tax on the
net investment income of high-income taxpayers that went into
effect on January 1, 2013. For a detailed IRS description of the
statute visit http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions-Home.
Legislators have cleverly labeled this particular section of the legislation Unearned Income Medicare
Contribution. The fact that this is a tax on all investment profits and other non-wage income that has absolutely
nothing to do with Medicare seems to have generated little concern with the drafters of the law.
The red flag that I have to challenge here is the rumor that this tax automatically applies to all home sales. It is a
clever rumor for those who oppose Obamacare on general principles. But it is more than a bit misleading.
First, the tax applies only to individuals with adjusted gross income of over $200,000 and couples over
$250,000. That would be about 5% of current tax payers.
Second, individuals who sell a personal residence can exclude $250,000 of the profit of the home sale (not
the gross sale price) and couples can exclude the first $500,000 of profit.
In the interest of avoiding the same type of dubious spin tactics that the chameleons in Congress use, lets
acknowledge up front that very few Americans are going to find themselves sending Uncle Sam any of the
proceeds from the sale of their homes. However, some high net worth, high income physicians could still pay a
tax under some circumstances.
Lets say that you and your spouse make more than $250,000 during the year.
Lets say that you bought a house in 2001 for $300,000 and it has appreciated in value to $805,000 (good
luck).
Lets say that you find someone that is willing to pay you that much for your dwelling (even better luck).
You will have made an unlikely profit of $505,000.
After your exclusion only $5,000 of that is taxable at 3.8%. You will send the government a check for the
grand total of $190.
In short, there are more than enough flaws in Obama Care that critics can justifiably decry without warning
people about something that just isnt a significant part of the problem.
MD PREFERRED
PHYSICIAN CONSULTANTS
Dike Drummond MD is a Mayo trained Family Practice Physician with a unique
combination of ground level experience in medicine, coaching and personal and business
development.
Dikes expertise in personal change was developed through a combination of 11 years as a
family practice doctor and 10 years as a business coach working with physicians and startup
entrepreneurs; he has also developed his own unique, interactive guided imagery practice.
The burnout epidemic in physicians is a completely predictable result of their medical training and the generally
accepted definition of success amongst doctors. AND it is both a preventable and treatable condition.
These days the physicians are often the canary in the coal mine of medicine and that has to change. The most
successful healthcare organizations in the years ahead will be those who take excellent care of their providers
and staff. These hospitals and groups will understand that physician satisfaction is the only true foundation for
consistent patient satisfaction.