Benefit Program Highlights for House Officers (2015)
...an overview of the benefit programs and services designed to help support you as a member of the BIDMC community
Beth Israel Deaconess Medical Center offers a broad-based benefits program, with choice and flexibility to meet diverse needs. The benefits summarized here are available to House Officers who are in budgeted positions and regularly scheduled to work 20 or more hours per week. Benefits become effective within the first month of your employment.
Medical Insurance: Through Harvard Pilgrim Health Care, you can select from the following health plans: BIDMC Select Plan, BIDMC Choice Plan or a PPO plan. Both the Select and the Choice Plan are Tiered options, with providers and hospitals placed into Tiers based on the cost of services. The BIDMC Select Plan offers two Tiers and the BIDMC Choice Plan offers four Tiers. For more information regarding health plan coverage and Tiered providers, please visit www.harvardpilgrim.org/BIDMC.
When you elect one of the BIDMC health plans, you are automatically enrolled in prescription drug coverage administered by Caremark. The Medical Center contributes about 80% of the cost of medical coverage for full time employees; your share of the cost is pre-tax.
Dental Coverage: Through Delta Dental, you can select from the following dental plans: Dental Plus Plan or Dental Value Plan. Both provide 100% preventive care with varied levels of coverage reflective of the plan cost. This is a pre-tax, employee-paid plan.
Vision: Through the EyeMed Vision Plan, you have coverage for your eye wear materials: frames and lenses, including contact lenses. (Eye exams are covered through the medical plans.) This is a pre-tax, employee-paid plan.
Note: You may enroll your spouse or same-sex domestic partner (if you live outside of a state that recognizes same-sex marriage--currently only RI), and your dependent children, for medical, dental and vision coverage.
Flexible Spending Accounts : You may set aside money, pre-tax, to pay for certain out-of-pocket medical care and dependent day care expenses with tax-free dollars. You choose how much to contribute to one or both accounts, up to the annual plan maximums ($2,500 for medical and $5,000 for dependent care). You may also choose to participate in a Commuter Services FSA to set aside up to $250 per month of pre-tax dollars for commuter parking expenses.
Basic Group Life Insurance: BIDMC provides basic group term life insurance coverage in the amount of one times your annual base pay.
Supplemental and Dependent Life Insurance: You may purchase additional life insurance for yourself, from ½ up to five times your annual base pay (in ½ pay increments). You may also purchase life insurance coverage for your spouse and dependent children. For your spouse, you may purchase $10,000, $25,000, $50,000 or $100,000; for your children, $10,000 per child.
HIV Supplemental Benefit Plan: This plan, fully paid by BIDMC, provides financial assistance and other services if you become HIV positive as the result of a work-related incident.
Short-term Disability Insurance: Full-time employees in ACGME accredited programs are automatically enrolled in the Trainee Short Term Disability (STD) Plan at no cost on your first day of training. Generally, the plan will pay 100% of your regular base pay for weeks 1 to 8 and 60% of your regular base pay for weeks 9 to 26 if you are out of work and unable to perform all the duties of your job due to a non-work related illness or injury. For maternity leave, this is a salary continuation policy and would provide you with compensation as outlined above for 12 weeks. Employees in a non-ACGME program will have the opportunity to purchase a Short Term Disability benefit through post-tax deductions.
Long-term Disability Insurance: Full-time employees in ACGME accredited programs are automatically enrolled for LTD insurance. If you are totally disabled and out of work for six or more months, the plan provides 50% of monthly pay up to $7,500 per month. Generally, benefits are payable to age 65. You may buy up to a 60% LTD benefit if you wish. Employees in a non-ACGME program will have the opportunity to purchase a Long Term Disability benefit through post-tax deductions.
Voluntary 401(k) and 403(b) Savings Plans: You may save pre-tax money for your retirement through the Medical Center’s 401(k) and/or 403(b) savings plans. You choose where to direct your 401(k) and/or 403(b) contributions from a wide range of funds offered by Fidelity Investments. (Note: There are no Medical Center matching contributions to your account.)
There's more! You may also:
- Enroll for ARAG Group Legal and Financial Advisory Plan and/or Accidental Death & Dismemberment Insurance;
- Get help with commuting expenses through Commuter Services;
- Take advantage of the Employee Assistance Program for confidential counseling for you and your family members seeking professional guidance with personal or work-related problems;
- Take advantage of the wellness programs offered at the Tanger Be Well Center for Health Management;
- Utilize Parents in a Pinch for back-up child and elder care services;
- Join a credit union--Alpha Credit Union or MAFCU Credit Union; and
- Apply for direct deposit of your paycheck.
Questions? Contact the Benefits Office at (617) 632-9400 or firstname.lastname@example.org
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