MLMIC’s Board of Directors recently approved a 5 percent dividend for all MLMIC policyholders insured as of May 1, 2015. This dividend comes on the heels of and is entirely separate from the 7.5 percent special dividend that was recently distributed to policyholders. The 5% dividend will be issued by June 1 to dentists; and on July 1 to physicians, mid-level practitioners, hospitals and other healthcare facilities that maintain continuous coverage through July 1.
The payment of dividends when fiscally prudent is just one of the things that set MLMIC apart from the field. Remember: MLMIC is a mutual insurer, meaning that policyholders are the Company’s owners. We are truly a company run by physicians, hospitals and dentists for physicians, hospitals and dentists.
MLMIC remains committed to policyholder-first service. We will continue to work to provide much needed relief to our policyholders, while maintaining financial stability.
For more information, please call: (888) 793-0393 (physicians); (888) 990-7833 (hospitals); (888) 377-8144 (dentists).