As an employer in CNY, you must carry Short-Term Disability and Paid Family Leave Insurance for your staff.
Many business owners and HR personnel find this New York state-mandated insurance to be overwhelming. But once you learn more about it, you're likely to discover how easy it is to get it started and get back to business.
You care about your employees’ benefits but not the policies’ hassle and complexities.
As a business owner, you care about your employees and their well-being. You know that they may face unexpected life challenges, such as illness, injury, or family care. You want to support them during these difficult times and offer them the benefits they need to cope and recover.
But managing short-term disability and paid family leave policies can be a headache. You have to comply with various federal and state laws, keep track of different eligibility criteria and benefit amounts, handle the paperwork and documentation, and pay the premiums and taxes.
You may feel confused, overwhelmed, and frustrated by the process. You may also worry about the impact of these policies on your bottom line and your cash flow.
What Our Clients Are Saying
“I always feel confident my insurance needs are covered with Steve and his team. They reach out if they find me a better rate, they clearly review my coverage so I understand, and communication is so easy with them.”
Lizzy Martin
“Steve is easy to work with and incredibly knowledgeable. He explains the details of your policy, highlighting the pros and cons of options. He really helped me to better understand what I was purchasing.”
Erin Wisneski
Education Station
Learn how to choose the right coverage for your needs, how to save money on your premiums, and how to make the most of your benefits. Whether you’re a new or existing client, you’ll find valuable information and tips that can help you protect yourself and your assets.
FAQ
Common Questions and Answers About Your Benefits Plan Policy Options
Are DBL and PFL separate insurance policies?
No, Paid Family Leave (PFL) coverage is a required addition to New York State Short-Term Disability (DBL) insurance policies. However, PFL and DBL each have their own premium costs. DBL premiums are calculated based on the number of male and female employees on payroll. PFL premiums are determined mostly by total employee wages paid out.
Is Paid Family Leave the same as FMLA (Family Medical Leave Act)?
No. FMLA provides up to 12 weeks of unpaid job coverage. PFL expands on the FMLA and provides partial wage replacement and broader coverage.
How much does DBL/PFL insurance cost?
The price will vary significantly depending on the amount of payroll and male and female employees. A business with one employee earning less than $75,000 annually should expect to pay about $250 per year. Contact our team for a quote.
Don’t let short-term disability and paid family leave policies intimidate you. We can help.
You may have heard of short-term disability and paid family leave policies, but you may not know what they are, how they work, or if you qualify for them. You may feel intimidated, anxious, and uncertain about these policies, and you may not know where to start or who can help.
But it doesn’t have to be this way. You can overcome the fear and confusion of these policies and get the benefits you need without the hassle. You can learn about these policies, understand your rights and options, and apply for them with confidence and ease.
You can get the support and guidance you need from licensed insurance agents who care about your situation.
We’re the Horan agency, and that’s what we’re here for. We can help guide you to short-term disability and paid family leave policies. We can help you navigate these plans and get the benefits you require.