Stipends and Benefits Family Medicine Residents | Iowa Lutheran

Stipends and Benefits

The Iowa Lutheran Family Medicine program offers a competitive salary and a comprehensive benefits package, including such perks as free meals and free parking.

Explore what we have to offer. Stipends and benefits described below are for the 2017-2018 academic year. If you have any questions about our benefits, please contact us.

Stipend

The annual stipends for the respective levels are as follows:

R1 - $56,500

R2 - $57,500

R3 - $59,500

Housing Allowance

All residents receive a $6,200 housing allowance each year. This allowance is added to each resident's paycheck throughout the year.

Transitional Allowance

A transition allowance of $750 is given to all incoming residents.

Insurance/Liability Coverage

Health Insurance and Resident Reimbursement Plan

Residents may choose from two health insurance plans that best suit their individual needs. An annual health insurance bonus that partially funds the cost of a single-coverage health and dental insurance premium is given to each resident. In addition, residents and their families, if covered by the hospitals' health insurance, are eligible to have post-insurance payment balances on medical bills paid through a fully funded medical spending account, if the medical expenses were incurred within the UnityPoint Health - Des Moines hospitals.

Life Insurance

The program provides group life insurance equal to the resident's annual stipend at no charge to the resident.

Resident Liability Coverage

General and professional liability coverage is provided to residents through a combination of commercial insurance and self-insured retention for services provided as part of the residency program. Coverages are not less than $1,000,000 per occurrence and $3,000,000 aggregate per policy year. Liability coverage remains in place permanently for any occurrence that takes place during a resident's training period at UnityPoint Health - Des Moines.

Short and Long-Term Disability Coverage

Short and long-term disability coverage is provided to residents effective on their first day of employment. Short-term disability coverage (STD) is used when the resident is away from work for at least seven (7) days due to a non-work related illness or injury. STD pays 60% of weekly earnings for a maximum of 26 weeks with no waiting period. Long-term disability insurance coverage is provided to residents effective on the date of employment. This ensures that residents will receive a minimum of 70% of their monthly salary if they are disabled due to illness or accident, on or off the job, following a 90-day qualifying period.

Paid Vacation

All residents receive 20 days of PTO per year.

Education Allowance and Resources

Residents are allocated five CME days per year and $2,100 over the three-year period to attend approved medical meetings. The allowance can also be used to purchase textbooks or educational software.

CLASSES:

  • Basic Life Support
  • Advanced Cardiac Life Support
  • Neonatal Resuscitation
  • Pediatric Advanced Life Support
  • Advanced Life Support in Obstetrics
  • STABLE

Library Services

Library services are provided free to residents and include literature searches, interlibrary loans and photocopying. Residents have 24-hour access to the library where computers and wireless internet access are available for research. The collection includes some 6,100 books, 280 journals and electronic journals. Databases include UpToDate, Access Medicine, Natural Standard, MdConsult, PubMed and other resources. Access is provided to all University of Iowa online resources.

Learn more about our educational resources.

Extra Benefits and Perks

Free Parking

All residents may park in a reserved area of the hospital parking facility at no charge.

Free Meals

Free meals are provided to residents in the medical center cafeteria.

Paid Licensure

Fees for the Iowa resident license are paid by the program.

Lab Coats

Free lab coats are provided to all residents.

Fitness Center on Premises

Credit Union

Counseling Services

Specialty Society Membership Benefit