More about this program can be found at fmli.thehartford.com, which will be continually updated with additional information.
Slides from the webinar can be found here and insurance plan information referenced in the webinar can be found here.
While the Vermont Legislature has been debating creating a mandatory paid family and medical leave program, Governor Scott launched on July 1st of this year Phase 1 of a voluntary paid family and medical leave program, potentially pre-empting any action by the legislature to mandate such a program. Phase 2 includes open enrollment for all Vermont businesses on July 1st, 2024, and the Administration is seeking to engage with employers who might be interested in extending this coverage to their employees at an affordable cost.
In this webinar, co-hosted by the Lake Champlain Chamber and the SHRM Vermont State Council, we’ll hear about the status of the program, preparation for the next phase, and how employers who would like to elect to join this lower-cost risk pool should prepare from;
– Representatives from the program’s administrator, the Hartford,
– Vermont Department of Human Resources,
– The Vermont Department of Financial Regulation, and
– The Vermont Agency of Commerce and Community Development.
More about the program:
The plan uses the state employees as the base of the insurance risk pool and thus is rolled out in three parts.
- Phase 1 – July 1, 2023 – State of Vermont to provide paid family and medical leave insurance to state government employees at a cost of about $4.50 per week and less $20/month for each,
- Phase 2 – July 1, 2024 – coverage will be extended to include private sector employers and other non-state government public employers in Vermont who can begin designing a benefits program for their employees and,
- Phase 3 – July 1, 2025 – the program will further expand to include the FMLI individual purchasing pool for those without an employer-sponsored plan.
You can learn more about the benefit on The Hartford’s website.