Gov. Scott launches voluntary paid family and medical leave program
Gov.
The innovative plan, similar to a previously proposed Twin State Voluntary Leave Plan put forward in 2019 with the
"I have long supported paid family and medical leave, provided it is voluntary and affordable," said Governor
Under VT-FMLI, the new insurance coverage offered by The
The birth of a child and to care for the newborn child within one year of birth;An employee's adoption of a child or foster care placement, and to care for the newly placed child within one year of placement;Caring for the employee's spouse, child, stepchild, foster child, ward who lives with the employee, parent or parent of the employee's spouse who has a serious health condition;A serious health condition that makes the employee unable to perform the essential functions of their job; orAny qualifying exigency arising out of the fact that the employee's spouse, child, or parent is a covered military member on "covered active duty," or to care for a covered service-member with a serious injury or illness if the eligible employee is the service-member's spouse, son, daughter, parent, or next of kin (i.e. "military caregiver leave").
In 2024, private and non-State public employers with two or more employees will have the ability to select from a number of plan design options that allow them to best support the needs of their employees and their business. Beginning in 2025, individuals who work for
The
The program will cost the State approximately
The State will begin immediately working with partners to encourage employers to enroll in the program as those options open.
AM Best Assigns Credit Ratings to Oxford Insurance Company MT LLC
New Report Finds Child Health Coverage in California Stabilized During Pandemic, Points to Importance of Continuous Coverage Policies
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News