- 15 days vacation each year
- Up to 15 days sick leave each year
University of Oklahoma Health Sciences Center Benefits - Graduate Medical Education
- Health Insurance
- Life Insurance
- Dental Insurance
- Disability Insurance
- Professional Liability Insurance
The University of Oklahoma offers a flexible benefits plan authorized by Section 125 (Cafeteria Plan) of the Internal Revenue Code. Each month, eligible employees receive an allowance of benefits credits. These credits represent the portion the University pays to provide benefit-eligible employees with the following core insurance benefits:
- Medical Insurance (Employee and eligible dependents)
- Basic Dental Plan
- Life Insurance (1.5 times annual base pay)
- Accidental Death and Dismemberment (AD&D)
Long Term Disability Insurance – Provided by the College of Medicine to all residents. The benefits are paid at 60% of monthly salary. Benefits start after you have been totally or partially disabled for 90 consecutive days.
In addition to the University-provided core insurance benefits, employees and their dependents have the option to participate in other benefits available at the employee's cost. These include:
- Dependent Dental, Life, and AD&D Insurance
- Supplemental Employee, Life and AD&D Insurance
- Employee and Dependent Vision Insurance
- Short and Long-Term Disability (employee only)
- Health Savings Account
- Flexible Spending Accounts
A compensation based contribution system is in place for medical insurance which provides benefits for residents and eligible dependents. Medical insurance coverage begins commensurate with the date resident begins term of appointment. Employees may pay for medical, dental, life insurance, AD&D, and vision with pre-tax dollars. A full description of benefits is available at: http://hr.ou.edu/benefits.
Professional Liability Insurance
The University of Oklahoma College of Medicine provides an occurrence-based policy for supervised medical practice within the scope of the training program. This means that a “tail” will never need to be purchased once the resident leaves the program as coverage will always revert back to the time of the event while the resident was in training. Residents are covered for the amount of the state of Oklahoma’s legal cap on resident liability, $100,000 per claim. Defense costs are also fully paid by the policy. External legal counsel will be appointed by OU Health Clinical Risk Services as needed.