Loyalty. Partnership. Trust. These are the qualities that build a lasting legacy.
The Legacy Fund recognizes your commitment to practicing quality medicine and enhances the value of your membership with Medical Mutual.
Established in 2009, The Legacy Fund program has been a highly effective mechanism for returning real value to our members. The program is made up of savings accounts for member physicians or medical practices, funded by a portion of Medical Mutual’s net income. Balances in Legacy Fund accounts mature tax-deferred and are paid to account holders upon designated events, including qualifying retirement.
Medical Mutual directed $8.3 Million to The Legacy Fund in 2018, bringing the total allocation over time to more than $113.9 Million. The largest individual account balance sits at $101,659, and the largest distribution is $82,212. We also paid out cash Policyholder Dividends of $4.2 million in 2018, for a total of $32.6 Million since 2008.
For more information about The Legacy Fund, send us an email or call 800-662-7917 ext. 7501.