On March 18, 2020, President Trump signed the Families First Coronavirus Response Act (the Act) into law. The Act requires employers to provide paid leave for some employees related to the coronavirus (COVID-19) pandemic, among other measures. The Act takes effect no later than 15 days after it is signed by the president.
Paid Sick Leave
Among other measures, the law requires 80 hours of paid sick leave for government workers and employees of companies with fewer than 500 employees. Compensation caps apply.
Leave would be available to workers who:
- Are or may be sick with COVID-19;
- Have to care for a family member with the illness; or
- Have a child whose school or child care facility is closed (or whose child care provider is unavailable) due to the illness.
Paid FMLA Leave
The bill would also require partially paid leave under the Family and Medical Leave Act when an employee is unable to work or telework due to a school or child care closure related to the coronavirus. This benefit would be available to individuals who have worked for their employer for at least 30 days.
Benefits under the law expire Dec. 31, 2020.
NYS WC Board announced a new class code
Last Friday, the NYS WC Board announced a new class code for employees who are either not working or have changed to doing work at home. The new code is 8873, and the rate is the same as an office employee class, instead of your existing expensive class, like construction, schools, retail, manufacturing, etc.
Be sure to keep separate payroll records for the time that your Employees are reassigned. You’ll need it, to be eligible for the code change and to save on your insurance premium.
Also, if your business had to, unfortunately, lay off employees (hopefully temporarily), it is quite likely that your worker’s compensation insurance premium can be decreased as well since workers comp rates are based on actual payroll.
Another important note – the Board ruled that COVID-19 claims are to be excluded from loss runs.
For any insurance-related matters, don’t hesitate to reach out to me or my Team.
Federal & State Disability & Paid Family Leave
During this pandemic, Skyscraper Insurance continues to monitor and review updates due to legislative changes related to Federal & State Laws as may be applicable to employers.
Skyscraper Insurance offers a comprehensive chart highlighting some of the benefits for these legislative changes to the Federal & State Laws related to Disability and Paid Family Leave. It provides a high-level summary of benefits in a consolidated view with access to links for specific detailed information to assist our brokers and clients.
This includes, but may not be limited to temporary changes effective 4/1/20, while providing additional rules and direction from the Department of Labor covered under the Families First Coronavirus Response Act (FFCRA). There are a number of States that currently offer mandatory State Disability and or Paid Family Sick Leave. These states may have new legislation expanding their benefits, which may be applied by the Department of Health and / or Federal, State and or Local authorities due to quarantine or isolation.
The Skyscraper Insurance State Disability National Resource Center and our full team are available to assist you in the placement of new coverage, review of existing State plans, and to determine the status of an employer in selected States as may be necessary during these challenging times.
Skyscraper Insurance Services has helped families and businesses all throughout the United States to protect what matters most to them, at every stage of their lives.protect what matters most to them, at every stage of their lives. We’re ready, willing, and able to help anyone and everyone with their insurance needs, no matter where life has taken them. That means the recent college graduate looking for a simple renters insurance policy receives the same level of service and care as the national brand with 500 employees who needs someone to protect their business.
Wishing Everyone Continued Good Health and Safety.