Benefits packages physicians should consider

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Whether your benefits are provided to you by an employer or you must choose your own, these are the most common benefits physicians should be looking for.

The robustness of a benefits package can vary significantly depending on the type of employer. Nonetheless, when evaluating job opportunities, it often becomes a focal point. For physicians joining private practices, the benefits provided are typically limited. You operate more as an entrepreneur and must pay your own way when it comes to most benefits. Working for a large hospital or university hospital means practicing more as an employee, but the benefits package tends to be more robust. Private equity groups often land somewhere in the middle.

Whether your benefits are provided to you by an employer or you must choose your own, these are the most common benefits physicians should be looking for:

Jeff Witz, CFP® is the Educational Program Director and a CERTIFIED FINANCIAL PLANNERTM at MEDIQUS Asset Advisors, Inc. He specializes in wealth management solutions. He can be reached at 800-883-8555 or at witz@mediqus.com

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