Salaries and Total Educational Benefits
| Training Year Level | Salary (effective 1/2024) | Salary + Total Education Benefits |
| PGY-1 | $56,322 | $65,565 |
| PGY-2 | $58,411 | $67,654 |
| PGY-3 | $60,597 | $69,840 |
Benefits Statement
The Valley Health System GME Consortium offers a comprehensive benefits package for residents/fellows, including medical, dental, vision and other benefits. Coverage is also offered for family members at an additional cost to the resident/fellow. In addition, educational benefits are provided, including an annual resident/fellow stipend, meal stipend, society memberships, certifications and other educational benefits.
Educational Benefits
Benefit |
AY 2024-2025 Program Cost (per resident/fellow) |
| Annual Educational Stipend - Residents are provided with an annual educational stipend to support educational and professional expenses. Requests will be subject to prior approval by the Program Director and DIO. |
PGY-2: $750 PGY-3: $1,000 |
| USMLE Step III registration | $925 |
| COMLEX Step III registration | $910 |
| Medical Licensure | $425 |
| Conferences and travel-related expenses at specialty-related training events. Travel-related expenses must follow institutional policies and procedures. It is a one-time expense over the course of three years of the program. | $1,000 |
| Annual In-Training Exam | $135 |
| MSKAP (three-year membership) | $397.80 |
| ACP Membership | $132 |
| One embroidered fleece | $75 |
| Two embroidered white coats | $49.16 |
| Meal stipend ($15 per day, average of two meals per day) | $5,475 |
| Full access to Touro University online library and resources | No cost |
| TOTAL Educational Benefits (program cost) | $11,273.96 |
Professional Benefits
House staff will receive the following benefits, subject to the same conditions applicable to hospital exempt employees and the terms and conditions of the hospital’s current benefit plans and policies. Unless otherwise specified, all benefits will be effective on the 31st day of employment. The benefits listed below may be unilaterally modified by the System at the discretion of the System Administration.
Health Insurance
The System will provide comprehensive health insurance to the house staff and their family through the UHS Flexible Benefits Program applicable to hospital employees (including choice of a PPO or HMO plan). Coverage shall begin on the 31st day of employment.
Dental Insurance
The System offers a dental plan, including some orthodontic coverage, for a reasonable premium price.
Vision Insurance
The System offers coverage which includes annual vision examination, glasses and contacts for reasonable premium, co-payments, and deductibles.
Employee Assistance Program
The CCA@YourService Employee Assistance Program provides around-the-clock, free professional consultation, referrals, and counseling for any issue that matters to you and your family.
Short-Term Disability Insurance
Short-term disability is offered at house staff cost with a seven-day elimination period. Two options are currently available: 12-week plan that covers the 90-day period of disability and 25-week plan that covers the 180-day period of disability.
Long-Term Disability Insurance
House staff are eligible for Long-Term Disability when they become seriously ill or otherwise disabled (Non-occupational). House staff may choose between a 90 day and a 180 day waiting period for benefit payments, with premium costs dependent on the selection.
Life Insurance
The System will provide coverage in the amount of 1x annual salary at no cost. House staff may opt for additional amounts up to 7x annual salary with a maximum of $500,000. Dependent life insurance is also available at group rates.
Workers' Compensation
The System will provide Workers' Compensation Insurance to house staff at no cost, beginning the first day of employment.
Paid Leave
House staff are allowed 20 paid time off (PTO) days total per year at 100 percent paid stipend. PTO is defined as time off for vacation, holidays, illness, and personal and professional days. PTO is not cumulative from year to year and requires the Program Director’s and/or DIO’s approval before use.
Unused PTO will not be paid out at the end of the academic year. When it is anticipated that an extended leave is necessary for medical/personal reasons, house staff may use remaining PTO time and the Extended Leave Bank (ELB) upon the Program Director’s and/or the DIO’s approval. House staff will accrue ELB consistent with hospital policies and plans. No more than 20 business days per contract year of leave may be granted for any purpose without extending the program.
Unpaid Leave
Other medical or personal unpaid leave may be granted with the approval of the Program Director and DIO, consistent with the Accreditation Council for Graduate Medical Education’s regulations, as applicable, only after the house staff has exhausted all of his or her PTO benefits. Makeup time and/or repeat of training will be determined by the Program Director, DIO and approved by GME Administration.
Professional Liability Insurance
The System agrees to provide professional liability insurance coverage for the house staff for the duration of his/her training. Such coverage will provide legal defense and protection against awards from claims reported or filed during or after the completion of the Program, if, and only if, the alleged acts or omissions of the house staff are within the scope of the Program. The coverage provided will be consistent with the System’s professional liability coverage provided to other residents. An extended reporting period, i.e., tail coverage, will be provided by Hospital as needed.
Licensing, Registration, Professional Fees
The following are covered: Fees for Nevada special training medical licensing and associations as applicable for training.
UHS Stock Purchase Plan
House staff are eligible to purchase Universal Health Services stock at a 10% discount of the current market price through payroll deductions from the 31st day of employment pursuant to VHS and UHS policies as amended.
401K
House staff are eligible to participate in a 401K tax deferred investment plan for retirement from the 31st day of employment pursuant to VHS and UHS policies as amended.
Flexible Spending Account
House staff are eligible to contribute to a pre-tax Health Care (or Day Care) flexible spending account after 30 days of employment pursuant to VHS and UHS policies as amended.
Hospital Discount
Medical expense discounts will be given for both inpatient and outpatient medical services at Valley Health System Hospitals as defined by System policies and as amended.