Health benefits
Medical Insurance
WSU currently offers the following medical insurance plans:
- Blue Cross & Blue Shield Blue Care Network (HMO)
- Community Blue (PPO)
- Health Alliance Plan (HMO)
- DMC Care (PPO)
- Total Health Care (HMO)
More information is available at: http://hr.wayne.edu/tcw/health-welfare/med-insurance.php
Residents will receive enrollment information during the onboarding process before the start of their residency.
If a resident is required to report to the residency program before July 1, they may choose to elect to enroll in interim coverage until eligible for coverage by the university. Interim health insurance information may be found at the following websites: Priority Health Short Term Plan or EHealth Insurance Website
Vision Plan
WSU offers two plan options: Basic or Enchanced. WSU pays 100% of the Basic Plan.
More information is available at: http://hr.wayne.edu/tcw/health-welfare/vision-plan.php
Dental Insurance
WSU offers a comprehensive dental insurance plan with the Delta Dental Plan of Michigan.
More information is available at: http://hr.wayne.edu/tcw/health-welfare/dental-insurance.php
Other Eligible Person Benefits
WSU provides the opportunity to purchase medical/vision and dental coverage for other eligible persons. The premiums you pay for this coverage are taxable to you.
More information is available at: http://hr.wayne.edu/tcw/other-benefits/oep.php
Flexible Spending Accounts
Maximize your tax savings by participating in a health care or day care flexible spending account (FSA). You can contribute up to $2,500 per year for the health care FSA and up to $5,000 per year for the dependent care FSA on a pre-tax basis. Any money left in the account at the end of the year is forfeited. The IRS calls this the "use it or lose it" rule.
More information is available at: http://hr.wayne.edu/tcw/health-welfare/flexible-spending.php
Employee & Dependent Life Insurance
WSU provides Basic Life Insurance (equal to 1x your salary) which is 100% employer paid. Employees have the option to increase their life insurance by purchasing amounts up to 4x salary. Includes Accidental Death & Dismemberment insurance which protects against financial hardship when you or a covered dependent suffers an accidental death, loss of limb, paralysis or loss of sight.
Dependent Life Insurance options are available for your spouse and children. You can choose from three coverage options for your spouse and/or children at group rates.
More information is available at: http://hr.wayne.edu/tcw/health-welfare/life-insurance.php
Disability Coverage
Short-Term Disability: part of the paid time-off benefit effective July 1 of the first year of residency.
Long-Term Disability: optional disability coverage available through Larsen Financial Group
LTD provides a source of income if you are unable to work due to a serious illness or injury. The long-term disability (LTD) benefit provides a monthly income benefit equal to 66 2/3% of your monthly base salary up to a maximum benefit of $7,000 per month. Benefits begin after 180 days of being disabled and are offset by other income benefits associated with your disability. Long-term disability insurance is effective the first of the month following one year in a WSU residency program.
A resident may choose to elect to enroll in additional optional disability coverage until eligible for coverage by the university and keep that coverage throughout their residency. Optional disability coverage information may be found by contacting Jake Whipp, Larsen Financial Group at 630-881-4659
Professional Liability Insurance
Your professional liability coverage is through the host institution (hospital). Your policy is a limited claims made policy with extended reporting endorsement (tail coverage). In addition to liability "gap" insurance is provided for all exposure in outpatient facilities in other institutions. This coverage does not extend outside of the training program. See the WSU GME office for complete details.