As a physician, NP, or PA, you understand the benefits of Continuing Medical Education (CME). CME eases financial burdens on your professional journey to help you achieve your career dreams. According to a review, the 2022-2023 average CME allowance for physicians was $3,840.
You can use CME money to earn credits through reputable platforms, like CMEList, which offers CME courses and conferences. These credits ensure you meet state and licensure requirements. CME has a use-it-or-lose-it policy and a deadline for spending the money. So, what can you do with leftover CME money?
CME with Gift Cards
One of the most creative ways to spend leftover CME stipends is through CME with gift card bundles. CME with gift cards has evolved to meet the needs of modern physicians, NPs, and PAs. Most bundles are similar to rebates that work when you make a qualifying CME purchase. You can also use your leftover CME money to get an iPad. CME with a free iPad works like CME with gift cards. Some CME deals offer up to $3,000. This amount can cover the cost of a new iPad.
CME with Reward Points
Most people are familiar with reward points offered by retailers and banks. You receive rewards for purchasing specific goods and services or joining membership programs. Some CME providers offer reward points as incentives. For example, you can buy a membership pass with your CME money and receive reward points. Then, redeem the reward points to pay for future CME courses and other CME-related activities.
Multi-Year CME Subscriptions
Multi-year CME subscriptions allow you to extend your CME money beyond its deadline. A subscription purchased with CME won’t expire with your CME funds. You pay once for yearly or lifetime packages and get access to future CME activities from the provider. CME subscription options include CME courses, podcasts, memberships, and license applications. However, employers apply stringent rules to minimize misuse of allocated CME allowances. Check applicable subscriptions to maximize your leftover CME money.
Buy Medical Textbooks from Amazon
Each medical field has must-have textbooks. You can use CME funds to pay for these books instead of spending your hard-earned cash. Amazon has a comprehensive collection of medical books. You can buy medical textbooks from Amazon with leftover CME money before the funds expire. Remember, this deal only covers must-have textbooks relevant to your field.
Book a Travel CME Getaway
Blending learning with pleasure allows you to explore scenic attractions without compromising your career goals. It also offers a creative strategy to spend your leftover CME money. You can book a travel CME getaway to learn from professionals in your field while you quench your thirst for adventure. However, not all employers offer this benefit. Claiming CME funds for a vacation can be tricky. Understand your employer’s reimbursement process, submit your request early, and document your getaway expenses. Keep receipts and invoices for vacation-related purchases and CME activities to ensure successful reimbursement.
Register for a CME Conference
CME providers hold hundreds of conferences and seminars yearly in tourist destinations. Flexible half-day or morning-only sessions provide ample time for attendees to explore local sites, make new friends, or relax on sandy beaches. Analyze offerings from different providers and plan your CME conferences in advance to avoid last-minute surprises.
More Ideas on Spending Leftover CME Money
Today's busy physicians, NPs, and PAs need flexible solutions to reduce time wastage. More medical professionals nowadays seek online CME. Reputable platforms like CMEList provide comprehensive CME online courses, activities, and offers from trusted experts. CMEList eliminates the hassle of earning your CME credits and helps you make the most of your CME money. Check the CMEList database for CME online courses, audios, and conferences.