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What is the Healthcare of Ontario Pension Plan (HOOPP) and is it a good fit for incorporated physicians of today?
Manage episode 459027732 series 2811652
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The Healthcare of Ontario Pension Plan (HOOPP) will welcome Ontario incorporated physicians on January 2nd, 2025.
For more than 60 years, HOOPP has been providing secure pensions to Ontario healthcare workers. With more than 460,000 members and 670 participating employers across the province, HOOPP’s membership continues to grow.
Physicians play an important role in Ontario’s healthcare sector, and HOOPP is pleased to announce that HOOPP will open the Plan to eligible incorporated physicians across the province in January 2025.
Medical associations have advocated and now doctors have another pension option.
What is The Healthcare of Ontario pension Plan?
Who was it designed for?
Were physicians in the initial calculations back in its establishment in 1960? If not, how do incorporated physicians fit in there now?
Does HOOPP even meet the needs of incorporated physicians in Ontario in 2025? Does it fall short and where?
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