Education Assistance Bene昀椀ts Continuing Education Ongoing education is critical within our culture of innovation. We support your commitment to staying abreast of best-practice guidelines as you continue to hone your skills as a provider. Please reference your Provider Employment Agreement and the Provider CME Funds and CME Time Off policy for more information on this bene昀椀t. Hospitalists are not eligible for days off. Tuition Reimbursement UnityPoint Health offers tuition assistance to eligible Team Members who seek to pursue education that supports the current business needs and future objectives of the organization. All education programs must be related to Team Member’s current job or an established career path within UnityPoint Health. Visit the HR Landing page for more information. FULL-TIME and PART-TIME BENEFIT ELIGIBLE TEAM Reimbursement Amounts MEMBERS who have been actively employed with UnityPoint Health for at least six months are eligible CLASSIFICATION MAXIMUM AMOUNTS for Tuition Reimbursement. Team members must Full Time (64-80) $5,250/year be in good standing and have not had a formal performance corrective action plan within the Part Time (32-63) $2,625/year previous 12 months. Terms of Tuition Reimbursement › All courses related to a degree or certi昀椀cate program must be completed with a minimum grade equivalent of C or better and award college credit. Courses that are based on a pass/fail grading system must be completed with a passing grade. Courses in which a Team Member receives an incomplete, withdrawal, or equivalent grade are ineligible. › Eligible expenses include tuition, required textbooks, and mandatory course-related fees such as registration or admissions fees, lab fees, technology fees, library cards, and graduation fees. › Ineligible expenses include, but are not limited to, meals, lodging, transportation and tools or supplies (other than textbooks) that can be kept after completing the course of instruction › Educational programs not covered include, but are not limited to, individual courses for sports, recreation or hobbies, unless part of a degree program and seminars, conferences and workshops. › Although attainment of educational goals often leads to improved performance and new career opportunities, participation in this program does not guarantee a speci昀椀c career result such as a promotion or salary increase. › In compliance with IRS regulations (section 127), employer provided educational assistance is exempt from taxation up to a maximum of $5,250 per calendar year. Taxes will be assessed if, at the time of payment processing, the total amount of tuition assistance paid in the calendar year exceeds $5,250. Please consult with your tax advisor for additional information. | 41 |
May 2024 | Physicians Benefit Guide Page 42 Page 44