Workers’ compensation insurer Texas Mutual Insurance Company announced a $655,576 dividend to the Texas Medical Group (TMG). TMG has earned $938,168 in workers’ compensation dividends during the past two years.
Group dividends are based largely on TMG’s favorable loss ratio. By committing to workplace safety and helping injured workers return to productive employment, the group improves its chances of qualifying for future dividends
TMG members are also eligible to participate in Texas Mutual’s individual policyholder dividend program. The company has distributed more than $670 million in individual dividends since 1999.
TMG is open to qualifying health service providers, including physicians’ offices, home health care, nursing homes, outpatient care centers, medical and diagnostic labs, diagnostic imaging, assisted living, pharmacists, drug and alcohol clinics, and medical supply companies.
TMG members get a discount on their workers’ comp premium and an industry-specific safety plan.
Any licensed Texas agent can submit clients for consideration in the group.
Source: Texas Mutual Insurance Company, www.texasmutual.com
Was this article valuable?
Here are more articles you may enjoy.