Salary and Benefits Summary: Internal Medicine Residency
Resident: PGY1
Salary: $60,556.50
Professional Fees:
The Program pays the dues to belong to the American College of Physicians for Internal Medicine residents and will provide each Internal Medicine resident a digital subscription to MKSAP. Finally, every PGY 3 resident will receive a subscription to UWORLD, a comprehensive board review program. Additionally, the residency program will seek funding on behalf of residents whose scholarly activities are accepted for first-author presentation or publication at scientific conferences or journals. That way, residents can focus on presenting their abstracts or publishing their manuscripts.
Medical Benefit — UMMC Midtown Choices: Gold Plan, Silver Plan and Bronze Plan (refer to Benefits Overview for comparison)
We offer residents and their families a choice of three plans, with three Preferred Provider Organization (PP0) options for medical benefits. Your plan choice and the provider whom you see for services determine your coverage. Your options are to see providers from the following:
- UMMC Midtown providers
- CareFirst Blue Cross/Blue Shield in-network providers
- Out-of-network providers
Pre-tax, bi-weekly contribution is required per employee.
Dental Benefit
UMMC Midtown offers a traditional dental plan. You may visit the provider of your choice. Preventative services are covered at 100%. Pre-tax, bi-weekly contribution is required per employee.
Pharmacy Benefit Prescription
Coverage is available through the UMMC Midtown Pharmacy for the lowest co-pay amounts. Prescription coverage is also available through Express Scripts Pharmacies for higher co-pays.
Voluntary Vision Plan UMMC Midtown
Option to purchase a vision plan that provides coverage for an annual routine exam, frames, lenses and discount for laser vision correction. This Plan is administered through Advantica EyeCare with in-network and out-of-network coverage options. A pre-tax contribution is required per employee bi-weekly.
Flexible Spending Accounts UMMC Midtown
Access to pre-tax spending accounts for health care and dependent (child) care expenses is offered to eligible employees. You can put money away pre-tax and be reimbursed for eligible expenses incurred during the plan year.
Basic Life Insurance
UMMC Midtown provides eligible employees with group-term life and accidental death and dismemberment insurance (AD&D). The amount of coverage is equal to one-and-a-half times your annual base salary. The benefit is paid in full by the hospital. There is a six-month waiting period before this benefit becomes effective.
Supplemental Life Insurance
You may purchase additional life insurance for yourself, spouse and/or children at a discounted group rate. There is a six-month waiting period before this benefit becomes effective. Please refer to the benefits overview for more details.
Tax Sheltered Annuity 403(b)
You are eligible to participate in the 403(b) plan, which is a tax sheltered-annuity. Federal, state and local income taxes are deferred until you withdraw money from the account. Maximum contributions vary by age and years of contribution. Once you are a participant in the pension plan (as described above) and you contribute to the 403(b) plan, UMMC Midtown will match 50% of your 403(b) contributions up to 6% of your salary deferral.
Vacation
The vacation benefit for Residents is 120 hours per fiscal year. Trainees are entitled to two weeks of paid vacation (PTO) per year and five personal days, without carryover from year to year during the term of this agreement. The details of these benefits are set forth in the GME Manual's Vacation, Paid Time Off, Leave and Extension of Training Policy. In addition, the trainee’s Program Director may supplement the hospital's policy with written procedures pertaining to the individual program's requirements for utilizing this benefit.
Sick and Safe Leave
UMMC Midtown protects eligible employees against loss of earnings on a short-term basis due to a personal illness or injury (non-work related). The maximum benefit is 10 days (80 hours) per year. Also see the Vacation, Paid Time Off, Leave and Extension of Training Policy in the GME Manual.
Holidays
Holidays are opportunities for paid leave. UMMC Midtown observes 12 holidays per year, seven of which are calendar holidays (Midtown employees must use their Paid Time Off if requesting off during this time):
- New Year's Day
- Martin Luther King, Jr. Day
- Memorial Day
- Independence Day
- Labor Day
- Thanksgiving
- Christmas
Funeral Leave
Employees receive a maximum of three days with pay for immediate family members.
Jury or Witness Duty
Regular full-time and regular part-time employees are eligible for the pay difference in an amount equal to base pay for actual hours lost.
Workers Compensation
All employees are covered for this benefit. If any injury occurs when at work, please notify your supervisor immediately and complete the proper paperwork.
Additional Benefits Available
Employee Assistance Program
The Employee Assistance Program (EAP) is a confidential counseling and referral service available to all employees and their family members. Trained mental health professionals staff the EAP; the first three visits are provided free of charge.
MTA Commuter Choice Program
The MTA Commuter Choice Program allows employees to save money on their monthly MTA pass through the convenience of pre-tax, payroll deductions. MTA monthly passes and MARC Train vouchers are available through Human Resources.
Parking Benefit
Residents who apply for parking in one of the UMMC Midtown parking garages receive a free parking benefit.
Direct Deposit
You must have your bi-weekly pay deposited in the bank or credit union of your choice.
*Please note: This is a summary of the benefits currently available. UMMC Midtown reserves the right to modify, amend, suspend or terminate any plan at any time, and for any reason. UMMC Midtown Campus benefit year begins on July 1st. You will be notified of any changes to existing benefits during the new Resident orientation process or in the Open Enrollment mailing to your home.