Our compensation package is structured to rank in the top tier of Texas programs. An added benefit is that Waco ranks as one of the top ten least-expensive cities in the U.S. (2011 Council for Community and Economic Research) and enjoys a cost of living index well below that of the national average.


Financial Benefits
CME allowance$500$1,000$1,000
Moving allowance$2,500  
Cell phone/accessory allowance$500  
Personal laptop allowance$800  
Vacation, time off
Vacation2 weeks3 weeks3 weeks
CME2 days1 week1 week
Sick days10 days10 days10 days
Value of other benefits
Health insurance — resident$6,503$6,503$6,503
Health insurance — shared dependent coverage*$6,320$6,320$6,320
Dental insurance$263$263$263
Life & Disability insurance**$360$360$360
Workers Comp Insurance$312$312$312
Malpractice insurance — FTCA coverage*********
ACLS + NRP + PALS + ALSO$985  
UpToDate (institutional subscription provided)$199$199$199
Free conference meals$1,725$1,725$1,725
Free meals on call$1,350$1,350$1,350
Dues (AAFP, TMA)$60$60$60
Lab coats$80 
Cumulative value of benefits                              $80,314$77,912$80,423

* — Program pays 50% of dependent health insurance coverage.
 ** — Life insurance for 2x annual salary, 4x annual salary for accidental death. Disability insurance for 60% of income.
 *** — As part of our Federally-Qualified Community Health Center benefits, residents are covered for services provided to FHC patients by Federal Tort Claims Act (FTCA) protection and are defended in any malpractice litigation by the U.S. Dept. of Justice.

Medical Care

For residents and family members, the clinic accepts final insurance payment as the total payment for medically necessary care.

Pharmacy Benefits


  • Generics: $5 or 10% cost
  • Brand name: $15 or 10% cost

Payments can be made through payroll deduction.
Certain OTC medications available at cost (significant cost savings).


403(b) retirement plan (contributions pre-tax and post-tax available)


$400 salary advance per year.
Expense advances for Step 3, medical license and board exams.


Internal moonlighting opportunities available beginning PGY2 year.  Numerous external moonlighting options available in Waco and surrounding areas.

"Why did I choose Waco? The people, the people, the people. My wife hit it off with the other wives. We wanted a place with some acreage. We bought a 3 bdrm/2bath on 13 acres for what an apartment in Houston would cost."
Edwards Ben Headshot
Ben Edwards, MD
Chief Resident, Class of 2005