The one thing most young physicians put off--but shouldn ’t

< p > A recent report found that young physicians are unprepared in key ways for accidents and illnesses that could leave them disabled or worse. < /p > < p > < strong > Planning for the unexpected < /strong > < /p > < p > Preparing for unanticipated accidents or illnesses is an essential activity, but few young physicians take the time to make the necessary plans. Less than 25 percent of young physicians have an updated will, power of attorney documents and end-of-life or medical directives, according to a special report by AMA Insurance. < /p > < p > Residency can be one of the most stressful periods in physicians ’ professional lives, leaving little time for tasks that don’t require immediate attention. But setting aside these crucial documents for later can put you and your family at risk. < /p > < p > In the “ < a href= " https://www.amainsure.com/reports/2015-young-physician-report/index.html?page=2 " target= " _blank " rel= " nofollow " > 2015 report on physicians ’ financial preparedness: Young physicians segment < /a > , ” AMA Insurance found critical gaps in financial and legal planning among young physicians. The lack of wills, medical directives and power of attorney stood out among survey respondents as one of the most glaring gaps: < /p > < ul > < li > Just 24 percent of respondents have prepared a will. < /li > < li > 23 percent have power of attorney documents. < /li > < li > 21 percent have medical directives. < /li > < li > 20...
Source: AMA Wire - Category: Journals (General) Authors: Source Type: news