Insurance

Health Insurance Coverage

Two health insurance plans are offered through Blue Cross Blue Shield of Minnesota: Comprehensive Major Medical (Standard) and Aware Gold Limited III.

The health insurance plans are determined by a committee comprised of representatives from Hennepin County Medical Center, Veterans Affairs Medical Center, Regions Hospital and the Fairview-University Medical Center in conjunction with the University of Minnesota Medical School for all University residents/fellows. The health insurance plan is contracted annually and insurance premium rates may increase at contract renewal.

Dental Insurance

Single dental coverage only is offered through Delta Dental of Minnesota. The plan offered is Delta Preferred Option. Delta Preferred Option offers a high level of dental benefit coverage simply by using the Delta Preferred Option network. The program pays 100% of most preventive and diagnostic services. Other services are subject to an applicable co-insurance.

Enrollment is optional, at your date of hire. If you do not choose to enroll at that time, you will not be able to enroll until the next year of open enrollment, which is every two years.

Life Insurance

Life insurance is provided, at no cost, to all residents/fellows through Blue Cross Blue Shield of Minnesota - MII Life Incorporated. This benefit is available to residents/fellows only if no additional coverage is available though this plan.

The benefit amount is $25,000.

Long-Term Disability

Long-term disability insurance is provided, at no cost, to all residents/fellows through Northwestern Mutual Life. Enrollment is the disability insurance plan is automatic with no application form being required.

The plan provides a benefit equal to 80% of your monthly earnings should you become totally disabled due to an accident, illness, or pregnancy. The plan covers disabilities from your own occupation. Plan benefits are not reduced if you collect Social Security Disability Benefits. The plan pays for both total and partial disability. The benefit paid during a partial disability is based on your loss of income. The plan limits benefits for disabilities due to mental and nervous conditions to 24 months unless hospitalized. Benefits begin after 181 days of total disability and are payable until age 65.

You can convert, without any underwriting, up to 80% of your benefit to an individual non-cancelable, guaranteed renewable policy 60 days prior to termination from the program.

Short-Term Disability

The University of Minnesota Medical School does not provide short-term disability insurance for the residents and fellows.

Professional Liability Insurance

Coverage is provided by the Regents of the University of Minnesota and paid for by the departments. The professional liability insurance carrier is RUMINCO Limited.

To be eligible for coverage, you must be currently registered as a student or be appointed as a resident/fellow. Coverage is in effect only while acting within the scope of your duties as a resident/fellow. Claims arising out of extracurricular professional activities are not covered. Coverage is not provided during unpaid leaves of absence. Coverage limits are $1,000,000/$3,000,000 and the form of insurance is claims made.