Leaving Employment Doesn’t Mean Leaving Your Benefits Behind.
Most physicians dramatically underestimate the cost and complexity of replacing employer benefits — until they're on the other side of the transition. Our benefits specialist has spent 20 years helping independent physicians build coverage packages that outperform what they left behind, at lower cost.
What This Specialist Does
Employer benefits are easy to take for granted. Health insurance appears through payroll. Dental and vision coverage renew automatically. Retirement matching happens in the background.
When you become a 1099 physician, that stops. And the first experience most physicians have with replacing their benefits is sticker shock — followed by a series of individually sourced products that cost more than expected.
The physician who approaches benefits as a coordinated system typically ends up with a better package at a lower cost. The difference is almost entirely a function of how they approached it.
Our benefits specialist approaches this differently. With 20 years of experience designing custom coverage structures for self-employed physicians, the approach is to build your benefits as a coordinated system — health, dental, vision, HSA strategy, and retirement plan coordination evaluated together.
Cost efficiency and coverage quality are equally weighted goals. The result, for most physicians, is a benefits package that costs less than the after-tax cost of employer coverage and provides better-fit protection — because it's built around your specific situation rather than a group policy designed for the median employee.
How This Discipline Usually Works. And How It Works Here.
The Typical Approach
- Health, dental, and vision sourced piecemeal from individual brokers
- HSA opened without a strategy for how it fits your tax situation
- Retirement plan selected without coordination to your wealth strategy
- Annual renewal accepted by default, optimization deferred
Inside the Locum Wealth System
- Benefits package designed as a coordinated system, not a checklist
- HSA strategy built around your tax position and long-term wealth goals
- Solo 401(k) selection coordinated with your wealth advisor’s portfolio plan
- Annual review against your evolving income, family, and tax situation
How This Fits the Locum Wealth System
Benefits decisions don't exist in isolation from financial decisions. HSA contributions affect your tax liability. Retirement plan selection affects your wealth-building strategy. The cost of your health coverage affects your cash flow optimization model.
Within the network, the benefits specialist coordinates with the tax advisor and wealth advisor so that every benefits decision serves your complete financial picture.
Core Expertise
Why This Matters for Locum Physicians
Benefits replacement is one of the most financially consequential decisions a physician makes when transitioning to independent practice — and one of the most commonly handled poorly.
The physician who sources health insurance independently, opens an HSA without a strategy, and defers retirement planning during the transition year can easily spend more than necessary while building less protection than they had.
The physician who approaches benefits as a coordinated system typically ends up with a better package at a lower cost. The difference is almost entirely a function of whether benefits are treated as a system or a checklist.
A benefits package that outperforms what you left behind.
Health, dental, and vision coverage selected for your specific situation
not sourced piecemeal from a comparison site
An HSA strategy integrated with your tax plan rather than treated as a separate account
A retirement plan structure that maximizes your contribution potential as a 1099 physician
A benefits package that typically costs less than the after-tax cost of your prior employer coverage
Find Out What a Purpose-Built Benefits Package Could Look Like for You.
A strategy session puts your complete financial situation in front of the Locum Independence network — including this specialist. You'll walk away with a clear picture of what's possible and a realistic assessment of your path to financial independence.
Book a Strategy Session