May 30, 2024 by matray

The Doctors Company, part of TDC Group, announced today that it has now distributed more than $175 million in Tribute Plan awards to almost 14,000  members. Created in 2007, the Tribute Plan rewards retiring doctors for their loyalty and dedication to superior patient care. The highest individual award to date is $264,808.

"The Tribute Plan is tangible proof of our mission to advance, protect and reward the practice of good medicine," said Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors Company and TDC Group. "I'm pleased that in our recent survey of members, 90% recognized the importance of Tribute and 90% expressed satisfaction with our unmatched benefits."

Backed by the financial strength of $7.3 billion in assets and $2.8 billion in member surplus, the millions of dollars that are in Tribute accounts today come from the capital of the company, not from premiums, and Tribute payments do not affect The Doctors Company's ongoing dividend program.