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Employee
Benefits Medac
has designed and provides benefit plans to meet the needs of
our full-time employees, whether you are a physician,
physician's assistant, or a clinical or administrative staff
member.
Benefits
for Full-Time Administrative and Clinical staff:
| BENEFIT |
DETAILS |
| Medical
and Prescription |
100%
of the employee's medical insurance premium is paid by
Medac. The cost of dependent coverage (if elected)
is paid by the employee. |
| Dental |
100%
of the employee's dental insurance premium is paid by
Medac. The cost of dependent coverage (if elected)
is paid by the employee. |
| Life
/ AD&D |
100%
of the employee's Life / AD&D insurance premium is
paid by Medac. |
| Long
Term Disability |
100%
of the employee's LTD insurance premium is paid by
Medac. |
| Short
Term Disability |
100%
of the employee's STD insurance premium is paid by
Medac. |
| Holidays |
New
Year's Day, Easter Sunday, Memorial Day, Independence
Day, Labor Day, Thanksgiving Day, Christmas Day |
(Employees
who are scheduled to work, or are asked to work on these
holidays receive 1 1/2 times their normal hourly rate of
pay) |
| Paid
Time Off |
Full-time
employees accrue PTO at the rate of 6.00 hours per pay
period (semi-monthly) during the first 5 years of
employment. Beginning with the 6th year, full-time
employees accrue PTO at the rate of 7.33 hours per pay
period. After10 years of employment, PTO is
accrued at the rate of 8.67 hours per pay period. |
| Retirement |
Medac
sponsors a 401(k) retirement plan designed to allow
voluntary pre-tax employee deferrals of income. The
company matches a portion of the employee-deferred
income. A component of the
401(k) Plan is profit sharing. Eligibility for
contributions is contingent upon the completion of 2
years of full time employment of greater than 1000 hours
during a tax year. |
Benefits
for Full-Time Physician's Assistants and Nurse
Practitioners:
| BENEFIT |
DETAILS |
| Medical
and Prescription |
100%
of the employee's medical insurance premium is paid by
Medac. The cost of dependent coverage (if elected)
is paid by the employee. |
| Dental |
100%
of the employee's dental insurance premium is paid by
Medac. The cost of dependent coverage (if elected)
is paid by the employee. |
| Life
/ AD&D |
100%
of the employee's Life / AD&D insurance premium is
paid by Medac. |
| Long
Term Disability |
100%
of the employee's LTD insurance premium is paid by
Medac. |
| Short
Term Disability |
100%
of the employee's STD insurance premium is paid by
Medac. |
| Continuing
Medical Education |
Reimbursement
for up to two thousand dollars ($2,000.00) in CME
expenses is provided. |
| Professional
Liability |
Professional
Liability insurance is provided. |
| Retirement |
Medac
sponsors a 401(k) retirement plan designed to allow
voluntary pre-tax employee deferrals of income. The
company matches a portion of the employee-deferred
income. A component of the
401(k) Plan is profit sharing. Eligibility for
contributions is contingent upon the completion of 2
years of full time employment of greater than 1000 hours
during a tax year. |
Benefits
for Full-Time Physician Employees:
| BENEFIT |
DETAILS |
| Medical
and Prescription |
100%
of the physician's medical insurance premium is paid by
Medac. The cost of dependent coverage (if elected)
is paid by the physician. |
| Dental |
100%
of the physician's dental insurance premium is paid by
Medac. The cost of dependent coverage (if elected)
is paid by the physician. |
| Life
/ AD&D |
100%
of the physician's Life / AD&D insurance premium is
paid by Medac. |
| Long
Term Disability |
100%
of the physician's LTD insurance premium is paid by
Medac. |
| Short
Term Disability |
100%
of the physician's STD insurance premium is paid by
Medac. |
| Continuing
Medical Education |
Reimbursement
for up to two thousand five hundred dollars ($2,500.00)
in CME expenses is provided. |
| Professional
Liability |
Individual
Professional Liability insurance policies are purchased
for physician's. |
| Retirement |
Medac
sponsors a 401(k) retirement plan designed to allow
voluntary pre-tax employee deferrals of income. The
company matches a portion of the employee-deferred
income. A component of the
401(k) Plan is profit sharing. Eligibility for
contributions is contingent upon the completion of 2
years of full time employment of greater than 1000 hours
during a tax year. |
Limited
benefits for part-time employees are also provided.
Please contact our Human Resources department for details.
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