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Patient & Visitor Guides

Salary and Benefits

Salary

Salaries for residents and fellows at Presbyterian Hospital are revised annually and are competitive with similar northeast programs. Salaries for the year 2006-2007 are:

In addition, a housing stipend of an additional $3,000 is provided to each resident, half provided in July and half in January. The GME office website also provides this salary scale information, as well as much of the information you will find below.

Vacation Time

Residents are given 4 weeks of paid vacation per year, taken in 1 week blocks.

Leave

NewYork-Presbyterian Hospital provides thirty days of paid maternity leave and 3 days of paid paternity leave for both births and adoptions. 30 days of paid family or medical leave are also provided. However, in all cases, early notification is important so that schedules can be adjusted and adequate in-house coverage provided.

New York State License Application

The hospital resident compensation package reimburses residents for the first time, initial application for a New York State license. This only applies to initial application not renewal or limited permits.

Professional Liability

The following information is taken from the GME website at NYPH and is accurate as of August 2003. For up-to-date information please vist the GME website at http://e-net.nyp.org/gme/liability.htm

• 2003-2004 Resident/Clinical Fellow Professional Liability Insurance Pamphlet
  This pamphlet is designed to provide residents and clinical fellows appointed by New York-Presbyterian Hospital (NYPH) with an overview of the professional liability insurance program offered to you by NYPH. This pamphlet is not an insurance policy and does not contain all the terms and conditions of the actual policy. For more information about the policy and the details of the insurance program, please contact the Program Insurance Administrator at NYPH/Columbia at 212.305.1919 or the Columbia Department of Graduate Medical Education (GME) at 212.305.6081.
• What Company Provides my Malpractice Coverage?
  Your malpractice coverage is provided through MCIC Vermont, Inc. (MCIC), an insurance company jointly owned by Columbia University, Cornell University, and NewYork-Presbyterian Hospital, as well as University of Rochester, Johns Hopkins University, and Yale University. The insurance program has been in existence for over 25 years.
• What are my Obligations under this Program?
  While you are a Resident/Clinical Fellow, (hereafter "Resident") you have an obligation to participate in risk management education as defined by NYPH and by your Department and to promptly report important events as described below. After you leave the residency program, please be certain to provide a forwarding address to the GME Office in the event you need to be contacted. At all times, you have an obligation to cooperate with the Offices of GME and Risk Management.
• When Does my Coverage Start and Stop?
  Your coverage starts on the first day you are appointed as a resident at NYPH and ends when you graduate from the residency program or when your NYPH appointment is terminated for whatever reason. During some external rotations, your MCIC coverage may be suspended if the outside institution provides coverage. Questions about your coverage during an external rotation should be directed to your Chairman, your Program Director, or the GME Office. (Please also see the related question below, "What Kind of Malpractice Coverage is Provided?" regarding tail coverage.)
• What Are The Limits Of Coverage?
  The primary coverage limit is greater than $1,000,000 per claim, with an unlimited annual aggregate. There are also excess insurance limits provided by MCIC to cover claims above the primary coverage limit.
• What Professional Activities Are Covered?
  Only professional activities that are an approved part of your residency program and within the scope of your delineated privileges are covered. You are not covered for moonlighting activities or for any professional activities that are outside the scope of your residency program. If you have any questions about what is or is not covered, you should check with your Chairman, your Program Director, or the GME Office.
• What Kind of Malpractice Coverage is Provided?
  The policy that is provided to you is called a modified claims-made policy. In addition to being covered for claims reported during the policy period, you are covered for claims arising during your residency but reported after your policy has ended. (See below.)
• What Happens When I Complete the Residency Program or Leave New York-Presbyterian?
  As long as the claim arises from professional services rendered by you while you were a resident (and were engaged in an approved activity as defined above) MCIC provides malpractice coverage. Of course, no coverage will be provided for any claims arising from activities outside of the residency program or arising from activities after you graduate or no longer have an appointment at NYPH.