New York – (business wire)–MetLife has been selected to fully insure and manage New Hampshire’s new Granite State Paid Family Medical Leave (PFML) plan. This innovative program provides affordable, voluntary paid time off insurance for New Hampshire-based employees who need to take paid time off to care for family members or themselves.
This program provides wage replacement insurance benefits of up to 60% for the same leave reasons supported by the federal Family and Medical Leave Act (FMLA), whether employers choose to participate. It is available to all individuals working in New Hampshire regardless of program. NH’s employer can customize the terms of the policy they purchase (e.g. waiting period) and extend PFML insurance coverage from her 6 weeks to her 12 weeks. Any NH business that enrolls in this new program through MetLife and chooses to pay all or part of her NH PFML premium on behalf of an employee will pay a business tax (BET) equal to his 50% of the premium. ) are eligible to claim the deduction. Warranty for the first 6 weeks of purchase.
“We are very pleased that Gov. Chris Sununu and the New Hampshire Department of Administrative Services and Employment Security have recognized our experience and expertise in this area,” said MetLife’s Absence and Disability Business, Met Julian Kowalski, Head of Group Benefits at Life, said. “Thanks to our strong partnership with the State of New Hampshire, preparations are on track and ready to deliver the New Hampshire PFML program beginning January 1, 2023. You can gain greater peace of mind and trust in the future.”
“We are very excited to partner with MetLife to bring innovative paid vacation insurance products to our citizens,” said Gov. Chris Snunu. , as we continue to do everything we can to maintain, leading the region and the rest of the country once again.”
Under the Granite PFML Plan, workers in New Hampshire will receive medical leave for their own serious health conditions, bonding with new children, caring for family members with serious health conditions, military emergencies and long-term care. Merit of the Master.
The program allows employers to begin enrollment on December 1, 2022, with policies effective January 1, 2023. Individuals can purchase insurance using her 60-day subscription period beginning January 1, 2023.
For more information on the New Hampshire Paid Family and Medical Leave Plan, please visit: www.paidfamilymedicalleave.nh.gov.
For more information on MetLife’s PFML plans, please visit: www.metlife.com/PFML.
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and wealth management. to help individual and institutional clients build more wealth. confident future. Founded in 1868, MetLife operates in more than 40 markets worldwide, with leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, see: www.metlife.com.