Graduate Medical Education
Benefits
COBRA
The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for 18 months under certain circumstances such as job loss, transition between jobs, and other life events.
Additional information about COBRA may be found here.
COBRA forms must be submitted to:
If you wish to elect COBRA and continue your current health insurance coverage, you must complete the enclosed COBRA Continuation Election Form and email the form ONLY (as a PDF) to ifrometa@usf.edu. Email is the preferred method. However, as a second option, you can mail the form to:
USF Health Business Office
ATTN: COBRA- Idalia Frometa
12901 Bruce B. Downs Blvd., MDC 66
Tampa, FL 33612
Note: If mailing, kindly advise Idalia via email (ifrometa@usf.edu) so she will know to go to the office to collect it.
COBRA payments must be submitted to:
USF Health
USF Health Payment Center
P.O. Box 737444
Dallas, TX 75373-7444
Temporary Employee Retirement Pan (TERP)
USF Residents/Fellows are automatically enrolled into the Temporary Employee Retirement Plan (TERP). TERP is a defined contribution plan authorized under Section 401(a) of the Internal Revenue Code. Valic, Inc. is the plan administrator for the University of South Florida. 7.5% of pretax wages will be taken biweekly with each pay period.Find out more about the Temporary Employment Retirement Plan.
Financial Management Tools
- Money Management
webinar offered by AAMC - Saving and Investment
webinar offered by AAMC
Individual Disability Insurance Offer
USF has partnered with The Standard and Muniz and Associates to offer USF residents and fellows access to individual own-occupation disability insurance policies at discounted rates. These policies cover you in your medical specialty and DO NOT require medical exams/questionnaires which guarantees that USF housestaff have access to a disability policy.
These policies can better protect your income during training but are portable and can be adjusted throughout the different stages of your career. Here is a link to some of the relevant details https://www.standard.com/gme-site/university-south-florida Michael at Muniz and Associates (813-258-0033) can help you explore options specific to your age, specialty, and situation.
The only requirement is that you have not applied and been declined by another carrier, so make sure you investigate this offer first.