The young physician today, with a background of schooling, internship, and fellowship in modern medicine, is better prepared to begin his practice than were physicians trained in earlier years. He lacks the dimension of experience, but he has intimate knowledge of the latest techniques that give new promise to all of medicine. The preparation by the young physician for his career has taken a longer period of time than did the training of earlier years; therefore, he is older when he graduates. The graduation of relatively large numbers of medical students who already have families of their own—with all the responsibilities of any other family men—is becoming commonplace. Frequently burdened with debt from training and setting up a practice, many of these young physicians defer establishing long-range family protection plans.
In view of this fact, it is not surprising that one of the earliest important problems that should be considered,