Houston Methodist. Leading Medicine.
Houston Methodist. Leading Medicine

Benefits

Benefits at-a-Glance

The Methodist Hospital is proud to offer a comprehensive employee benefits program for our residents. This program will represent a sizable portion of the total compensation and is designed to provide protection and a measure of security for residents and their families. This information highlights the many benefit plans available to eligible resident employees. It is not intended to be a complete description of all benefits. Additional details are available and will be discussed upon acceptance in TMH Residency Program.

Eligibility in the many benefits programs offered by The Methodist Hospital is based upon full-time employment status.

Paycheck

Residents are paid every 2 weeks, in accordance with the biweekly pay schedule of The Methodist Hospital. The 2012 pay schedule is:

Pay Period
Official Pay Day
Pay Period
Official Pay Day
1
01/03/2013
14
07/03/2013
2
01/17/2013
15
07/18/2013
3
01/31/2013
16
08/01/2013
4
02/14/2013
17
08/15/2013
5
02/28/2013
18
08/29/2013
6
03/15/2013
19
09/12/2013
7
03/28/2013
20
09/26/2013
8
04/11/2013
21
10/10/2013
9
04/25/2013
22
10/24/2013
10
05/09/2013
23
11/07/2013
11
05/23/2013
24
11/21/2013
12
06/06/2013
25
12/05/2013
13
06/20/2013
26
12/19/2013

Medical, Dental, Vision, Life, and Disability Insurance

The Methodist Hospital provides insurance programs to all resident employees of the hospital. The medical, dental, and vision plans offered through United Healthcare are provided cost free to residents. Insurance coverage for residents and their families, if enrolled, will start on the first official day of their programs. The medical plan offers two options — Choice and Choice Plus. Both options are similar, except that the Choice Plus plan offers out-of-network opportunities.

Vision insurance is provided through EyeMed.

The dental coverage plans include either the MetLife DMO or the MetLife PPO. The DMO plan requires a referral to a dental specialist from the primary dentist, while the traditional method (PPO) does not.

Supplemental Life, Short and Long-Term Disability, and Accidental Death and Dismemberment insurance plans are also available to residents. A baseline level of short and long-term disability and life insurance is provided free of charge to residents.

Coverage for dependents is available at group rates for medical, dental, vision, AD&D, and life insurance. The premiums for dependent coverage are deducted from the resident's payroll every two weeks.

Flexible Spending Accounts

Resident may participate in a flexible spending account for health care and dependent care expenses through deductions from their pay on a pre-tax basis. The Health Care Spending Account allows residents to be reimbursed for eligible services not covered by the medical, dental, vision, or prescription plans up to the elected amount determined by the resident. The Dependent Care Spending Account allows residents to be reimbursed for childcare expenses.

Paid Time Off (PTO)

Resident employees are allocated PTO, for vacation, holidays, personal reasons, severe weather emergencies, family illnesses, and short-term personal illness at a predetermined annual level. The PTO annual award for residents at the PGY1 level is 16 days (128 hours) and the award for residents at the PGY2 level and above is 21 days (168 hours). Upon termination from The Methodist Hospital System, the unused hours remaining in resident's PTO award/PTO bank up to the maximum allowed above less applicable taxes, will be paid out. Residents may not participate in the PTO sell program.

PTO in the Accrued and Bank balances will automatically carry over to subsequent training years. Effective AY 2009-2010, residents will be compensated for any unused Bank PTO upon termination up to a maximum limit not to exceed the amount of PTO that was awarded for the current academic year. 

Example: A resident has finished the third academic year and has 208 hours remaining in the Bank PTO balance. Employment terminates so 168 PTO hours will be paid out with 40 hours being forfeited.

Educational Leave and Stipend

Residents at the PGY1 level and above are offered Five (5) PTO days (40 hours) to present at professional meetings or attend in an official capacity (elevated officer/representative) approved by the respective Program Director. Residents at the PGY1 level and above are eligible to receive up to $1,600 per year to defray the costs of presenting at a conference (travel, lodging, airfare, and registration fee), etc. Residents in their final year of training are eligible for a $2,000 educational leave stipend. 

PGY2 Residents and above may use their Educational Leave funds to pay for recertification only in ACLS.

Examples of Educational Leave include:  Presenting papers at professional conferences/meetings,  presenting poster exhibits at professional conferences/meetings, time off to take a licensure examination, or attendance at meetings of professional organizations in which residents occupy official positions as officers or representatives. 

Malpractice and Tail Coverage

The Methodist Hospital provides residents with professional liability coverage at no cost. Liability coverage also includes legal defense and protection against awards from claims reported or filed after the completion of the program if the events are within the scope of the program ("tail coverage").

Wellness Programs

Various wellness programs are available so residents such as smoking cessation, weight reduction, stress management, tai chi, etc.

Employee Assistance Plan (EAP)

The EAP, administered by United Behavioral Health, provides easy, no-cost access to a professional who can offer residents and family support and direction with personal or job-related stress. The EAP can assist with issues surrounding relationships, parenting concerns, drug and alcohol use, anxiety, depression, financial concerns, etc.

Meals

Residents on 24 hour in-house call at Methodist Hospital are provided with meals while on duty. Residents are eligible for an employee discount with at Methodist badge at Methodist-operated food services.

Transportation and Parking

Residents are given the opportunity to obtain parking contracts in the Texas Medical Center at discounted rates for various garages within close proximity to the hospital. Other transportation options are also available to residents through Human Resources Transportation Services and are discussed in greater detail during resident on-boarding and orientation.

Legal Plan

Hyatt Legal Plans provides a plan to assist residents with legal matters for a very minimal fee per pay period.

Retirement Plans

Residents may contribute a significant level of allowed compensation to a 403(b) Tax-Sheltered Annuity, up to the annual IRS contribution limit. Residents will also receive an employer match of 50% up to the individual contribution of 4%. Additional assistance is available for retirement planning through Fidelity Investments as well.

Lab Coats

Residents are provided with a limited number of monogrammed lab coats through the GME office at no cost to the resident.

Resident Lounge and Call Rooms

Residents are encouraged to use the Resident's Lounge that is comfortably equipped with sofas, chairs, a refrigerator, a microwave, cable television, and computer workstations. The Methodist Hospital also provides call rooms for overnight call. The GME office also assigns sleep rooms to residents who are too fatigued to drive home safely.

Email

Each resident will receive a required TMH email account accessible from any Internet-capable computer.

This information highlights the many benefit plans available to eligible resident employees. It is not intended to be a complete description of all benefits and may change as institutional policies are modified. Additional details are available and will be discussed upon acceptance in TMH Residency Program.