As more states pass paid family and medical leave, employers are weighing the pros and cons of state program administration and private plans. Because state programs vary significantly, there is no easy answer for determining how to evaluate paid statutory plans. However, there are several factors that employers can consider to help inform their decision.
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Program Showcase: Offering a Private PFML Plan
By Breanna Scott, CLMS, Paid Statutory Senior Product Manager, New York Life Group Benefit Solutions
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