Housestaff Benefits

Stipend Levels: 2007 - 2008

PGY-1 $42,000
PGY-2 $43,000
PGY-3 $44,000

Life Insurance:

All full-time residents receive paid term life insurance equal to the individual's annual salary rounded to the next $1000.  This policy is effective 90 days after appointment.  Additional term life insurance and dependent life insurance are available for purchase through a payroll deduction.

 

Medical Benefits:

All full-time residents are eligible to enroll in the Health Plan offered by NCBH using the MedCost Network effective on the date of appointment at a nominal cost of $23.50 per biweekly pay period for the individual coverage.  Other coverage levels, such as employee/spouse is $102.50 per pay period, employee/child is $90.00, and family coverage is $122.00.  In addition to basic hospital and medical benefits, preventive services are also covered.  Prescription drugs are covered through a co-payment program with a network of pharmacies that include the outpatient pharmacy at the hospital. This coverage is effective after 30 days of employment. After 90 days of employment, the dental plan provides 100% coverage for in-network preventative services. Restorative services require a $50 deductible ($150 family). The cost is $2.07 biweekly for employees.

 

Disability Insurance:

After 90 days of employment, residents are covered for disability benefits. The group plan provides 66% of monthly salary; payment of benefits begins 90 days after the onset of disability.  Premiums for this policy are paid in full by the hospital.  Both the group policy and individual policy offer portability and future insurability.

 

Professional Liability Insurance:

Residents are provided malpractice insurance to cover assigned supervised activities of the residency program effective on the date of appointment.  No coverage for outside moonlighting activities is included. 

Professional Support:
Fees for the ACP In-Service Training Examination and MKSAP study materials are provided by the Department.  An educational stipend is provided to HO-IIIs.

 

On-Call Rooms:

Sleeping quarters as well as a separate lounge and television are furnished.

 

Meals:

On-call morning and evening meals are provided by the hospital.  Hot breakfast is served each day at Morning Report.  Lunches are provided for Noon Conferences.

 

Leave:

The hospital provides up to a 90 day medical/family leave as needed in compliance with the Family/Medical Leave Act of 1993.  However, as required by the American Board of Internal Medicine all leave requests must be carefully reviewed to assess whether the time away from training will necessitate prolonging the length of the residency.  Educational leave to attend approved regional/national meetings and conferences (1 week) is available during the 2nd and 3rd years.

 

Vacation:

Each PGY-1 resident receives three weeks of vacation per year.  Additionally, interns begin June 24^th each year, so another week is open before starting in the PGY 2 year.  PGY-2 and PGY- 3 residents receive four weeks of vacation per year (which includes educational leave time). Each resident receives 6 days off over the Christmas/New Years holiday.

Additional Benefits:
 

Clinical Lab Coats	Entertainment Ticket Discounts	Employee Health Services
Cafeteria Discounts	Free Covered Parking	Child Care Center and Referral Program
Credit Unions:      Allegacy      Summit	On-Call Meals Employee Assistance Program	Resident Spouse Association Tax Deferred Annuity Plan
Direct Deposit	Special Group Banking	Worker’s Compensation
Fitness Center	Elder Care Referral	YouDecide.com - a variety of voluntary benefits
Vision Insurance	Term Life Insurance	Retirement Savings Plan
Employee Wellness Program