Postdoctoral Research Fellows Benefits
Postdoctoral research fellows of the Albert Einstein College of Medicine are offered a bundled package of benefits that include medical, dental, vision and life insurance coverage. Postdoctoral research fellows not supported by an NRSA training grant, have the option to participate in several of the pre-tax programs offered by the College.
Medical Plan
We offer the choice of two medical plans – The MontePrime EPO and MonteCare PPO Plans. Both plans utilize providers in the Montefiore network and the Anthem PPO network. Employee cost share will be higher for Anthem providers. Enrollment in the MontePrime EPO plan requires many of the services to be provided within the Montefiore network (except in the case of a bona fide emergency). The MonteCare PPO Plan provides the flexibility to use providers and facilities outside of the Montefiore and Anthem networks, but the cost will be higher for healthcare services received out of network.
Prescription Drug Benefits
The prescription drug benefits are included with medical coverage and are administered by Express Scripts Inc (ESI). In addition to the retail pharmacies in the ESI network, and the ESI home delivery services, employees can use the Montefiore Specialty Pharmacy to fill their prescriptions. Prescriptions filled at the Montefiore Specialty Pharmacy are delivered to the Weiler Hospital Pharmacy on the Einstein Campus daily.
The MontePrime EPO Plan provides prescription drug benefits only through the Montefiore Specialty Pharmacy. However, drugs purchased at a retail pharmacy may be eligible for reimbursement on an exception basis.
Dental Benefits
We offer the choice of two dental plans administered by Cigna; the Cigna DHMO Dental Plan and Cigna PPO Dental plan.
Vision Benefits
We provide coverage in the high option vision plan administered by Spectera, UnitedHealth Care’s vision program. The plan provides benefits for routine eye exams, eyeglasses or contact lenses.
Life Insurance Benefits
Life insurance is designed to pay a benefit to an employee’s named beneficiary if the postdoctoral research fellow dies from any cause while coverage is in effect. Einstein provides Basic Life insurance equal to $50,000.
Disability Benefits
Disability benefits continue part or all of a postdoctoral research fellow’s earnings if they are ill or injured and unable to work. Short term disability benefits include paid sick leave and supplemental sick pay for up to 26 weeks.
Reimbursement Programs
Flexible Spending Accounts (FSA) are available to help pay for out-of-pocket healthcare and/or dependent care expenses. Contributions are made on a pre-tax basis which lowers taxable income.
A commuter and parking reimbursement program is available to help pay mass transit and/or parking expenses incurred for travel to and from an employee’s work location. Contributions are made on a pre-tax basis which lowers taxable income.
Retirement Benefits
The Einstein 403b Plan is a defined contribution plan administered by Fidelity Investments. Pre-tax and after-tax Roth contributions are available under this plan. Investment offerings under the plan include 3 stable value funds, 5 bond funds, and 12 stock funds which include value, blend, growth and international funds, a real estate fund and 13 target date life cycle funds.
Group Legal Services
Group Legal Services are provided by Hyatt Legal Services. This coverage helps pay all or part of the cost of a wide range of personal legal services through a network of participating attorneys.