Each resident attends a comprehensive administrative orientation session at the beginning of the training program. A portion of this orientation session is devoted to reviewing all elements of the benefits package and to answering any questions about these benefits. The benefits package is also summarized on Emory's Human Resources website.
The Residency Training program provides each eligible resident, at no cost, the following group benefit plans:
- Health Care Coverage
- Term Life Insurance
- Dependent Term Life Insurance
- Long-Term Disability Insurance
- Accidental Death and Dismemberment Insurance
Group Dental and Emory Vision Care Plans are available at a minimal cost.
Each resident may also enroll their eligible dependents for health, dental and vision coverage, with the cost paid by deductions from the resident's stipend.
3.01 Life Insurance
The Residency Training program provides each eligible resident:
- $50,000 Term Life Insurance$
- 50,000 Accidental Death and Dismemberment Insurance
- $25,000 Term Life Insurance for spouses
- $5,000 Term Life Insurance for eligible children
3.02 Health Care
Residents are eligible for health insurance at the start date of their residency agreement.
Aetna POS:
A Point-of-Service (POS) plan allows members to choose to receive services from a participating or non-participating network provider or facility. The Emory Aetna POS is an open-access plan that provides the freedom to choose any provider and does not require a primary care physician (PCP) referral unless you see an Out-of-Network specialist. The plan features a network of providers and facilities. This plan has the lowest deductibles and co-pays. However, it has the highest employee contributions.
Dental Plan
The Emory University Residency Training program offers residents a dental plan. Details regarding the plan will be reviewed during orientation.
Premiums for the dental plan may be paid by the resident on a before-tax or after-tax basis. Residents must remain in the Dental Plan for one year.
3.03 Flexible Spending Accounts
These accounts are established to enable residents to accumulate money on a before-tax basis to pay eligible out-of-pocket health/dental and dependent care expenses. There are annual minimum and maximum contribution amounts. Flexible spending account details are available during orientation.
3.04 Long-term Disability Insurance
Eligible residents unable to perform in their program due to a qualifying disability may qualify for long-term disability benefits through long-term disability insurance coverage. These benefits will be provided to eligible residents in an amount equal to 60% of the resident's stipend, up to a maximum of $5,000 per month. There is a ninety-day waiting period before otherwise eligible residents may receive coverage and payments.
3.05 Retirement Plan
Each resident may contribute to Emory University's retirement plan upon their date of entry into the residency training program. Contributions can be on a before-tax basis, and may be designated for investment in either TIAA/CREF, or in mutual funds offered by The Vanguard Group or Fidelity Investments. Emory University contributes 1% of a residents’ salary annual to their designated investment account without requiring a resident contribution.
3.06 Old Age Survivor Disability Insurance (OASDI) and Medicare Participation
Participation in Medicare and the OASDI are conditions of participation in the residency training program for all residents. Emory University contributes an amount equal to 7.65% of each stipend for coverage, while the resident contributes an equal amount through automatic stipend deduction. In addition to retirement benefits, this program provides survivor and disability benefits.
3.07 Parking
The Office of Graduate Medical Education (OGME) pays a monthly fee for each resident to receive parking privileges at Emory University facilities. Although OGME pays the monthly parking fee, each resident must pay the initial cost of obtaining a parking/security card at Grady Memorial Hospital. Parking at the VA Medical Center is free but requires the resident to obtain a parking permit. This permit is obtained free of charge from the chief of service. Parking privileges for Children's Healthcare of Atlanta at Arthur M Blank are reserved for those in one of the pediatric training programs. The resident is required to go to the parking office at Arthur M Blank to complete the requisite paperwork. Emory University Hospital Midtown (EUHM) uses the EmoryCard photo ID card to access the parking lots. The EmoryCard should be presented to the security office at (EUHM) to receive parking privileges.
3.08 Housing
The OGME can provide information about housing in the Atlanta area but does not provide housing for residents.
3.09 Meals
Emory University Affiliated Hospitals assure the availability of meals for purchase by residents in the hospital cafeterias and snack bars during rotations.
3.10 Additional Benefits Provided to Residents Include:
- Direct Deposit of stipend checks
- Library privileges
- Membership in the Emory Alliance Credit Union
- Woodruff Physical Education Center privileges ($15 monthly fee)
- Use of call rooms at each hospital (the Program Director will provide further information regarding call rooms during department/program orientation)
- Lab coats [residents only]