article thumbnail

MN Legislative Session 2025: Key Health Policy Updates

Minnesota Academy of Family Physicians

Mid-Year Formulary Changes (HF 1652/SF 1806): Seeks to prohibit health insurers from making mid-year changes to their drug formularies, ensuring stable access to prescribed medications for patients. Healthcare Access Fund (SF 1572): Proposes an assessment on health plans to support MinnesotaCare and Medical Assistance programs.

article thumbnail

How Doctors Should Address Lifestyle Creep

The Motivated MD

I am using our weekly blog posts to create a future book that hopefully will apply to medical trainees and early career physicians looking to build generational wealth, get out of debt, and take control of their financial lives. Housing Aside from educational debt, housing is commonly the largest expense we will make in our lives.

Finance 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Choosing to Rent or Buy a Home in 2025

The Motivated MD

As many learn throughout their medical training, we are often relocated every few years. Four years in medical school. Far too many people, medical trainees and physicians alike, succumb to the false narrative that you need to own a home to build wealth, and that is not true. Take the time to play around with these calculators.

Finance 52
article thumbnail

Be The Market: How Doctors Should Invest Their Money

The Motivated MD

How, then, can any physician find the time to research individual companies and make educated decisions on which publicly traded businesses are undervalued? I am in no way, shape, or form a financial professional, nor does this site provide formalized financial advice. We simply cannot. There are not enough hours in the day.

Finance 52
article thumbnail

How Doctors Can Save More and Do Less

The Motivated MD

In medicine, it is commonly agreed that ‘to err is human’ Most healthcare professionals would agree that humans make mistakes. A study by Johns Hopkins in 2016 found that medical errors may potentially be the third leading cause of death nationwide. So yes, humans make mistakes. This is the same for personal finances.

Finance 52