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practicenote
Practice note 1 Apr 2013   What do I need to know about choosing indemnity?
An informed decision about individual indemnity needs, ensures MIPS members and prospective members understand what works best for them.
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finance_onlineunit
On-demand 30 May 2013   Budgeting and Cash Flow
Anxiety about finance can affect people throughout their lives, even when they have high incomes which is common for healthcare practitioners. However, budgeting can reduce anxiety and pave the way fo ...
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finance_onlineunit
On-demand 30 May 2014   Debt Management
Whether it’s your own personal finance or that of your clinic/practice, people and businesses will almost always acquire a loan, and thus debt, at some point. Most individuals will acquire a loan for ...
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finance_onlineunit
On-demand 30 May 2014   Understanding Insurance
Insurance policies can be complex and even the policies we may understand more readily such as car and home & contents insurance policies can be hard to understand. This module covers basics such as t ...
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practicenote
Practice note 27 Mar 2018   Car finance options
The page compares all options that Eclipx will offer plus more – the merits of each are spelled out in an objective fashion to assist the member to decide which may be appropriate for them
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Practice note 27 Mar 2018   Why does your Credit Score matter
Credit scores allow companies to make a quick informed decision about the likelihood of a potential customer repaying a loan or meeting monthly repayments such as on a phone or utility contract. It is ...
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Practice note 27 Mar 2018   Taking out a personal loan
This page should cover the basic dangers of taking out a personal loan. Many young professionals are at risk of purchasing a financial product they don’t understand and this content should explain the ...
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Practice note 27 Mar 2018   Financial literacy of healthcare professionals
Traditionally healthcare practitioners have earned above average incomes and this can lead to a false sense of financial security as higher cash flow masks vulnerabilities.
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Practice note 27 Mar 2018   Personal loan vs credit card
As most people have a credit card, this comparison helps to promote the personal loans advantages over a credit card. Importantly, this should provide an example of interest rate payment differences b ...
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Practice note 27 Mar 2018   How to pay less interest by consolidating two or more debts
Australia’s appetite for debt is huge. Currently, household debt is 187% of household disposable income and about 20% of middle income Australians have no room in their budget for unexpected expenses. ...
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practicenote
Practice note 27 Mar 2018   How to identify a financially stable insurer
Insurer security is something that healthcare practitioners ought to consider when choosing their indemnity insurer. Some practitioners will recall the ‘calls’ that were made on members by medical def ...
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practicenote
Practice note 27 Mar 2018   Pitfalls to avoid when buying health insurance
If you’ve done a cursory glance of health insurance in Australia then you’ll see some common options. Almost all the providers offer both hospital and hospital + extras cover as standard options. Most ...
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practicenote
Practice note 27 Mar 2018   Premium vs budget hospital cover
Private health insurance is almost always offered in varying levels of cover which translates to cost. There are merits and risks in purchasing a product that has less cover as well as good arguments ...
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