What benefits should you expect at your job? The very basic benefits are malpractice, vacation, health insurance cost, and CME cost and travel. Malpractice and 1 week of CME to include the associated travel expense are standard. The amount of vacation and health insurance vary. I’d say the average vacation is 3 weeks. Health insurance coverage varies from providing it just for the employee to providing it in full for the family. Additional benefits include sick time, student loan assistance, a sign-on bonus, dental and vision insurance, life insurance, disability insurance, a retirement savings plan, a flexible spending account, long term care insurance and the list goes on. Benefits maybe negotiable.
According to Elizabeth Lee, a physiatry practice management and billing consultant, typical benefits are generally 100% of malpractice, $450-$600 per month for health insurance, paid CME for 1 week to include the travel expenses, 2 weeks off for paid time off not including CME. Elizabeth Lee, President, Physiatry Reimbursement Specialists, Inc., A National Company serving Physiatrists all over the U.S. for 20 years, Fort Worth, TX, 1-800-324-4777, 817-284-9850, www.Prsinc.com