by Eric Straus | Oct 23, 2024 | Employee Benefits
New York State has published paid family leave (PFL) updates for 2025. Both the employee contribution rate and the maximum weekly benefit for the program will increase over the rates for 2024. Employees fully fund New York PFL through payroll deductions, and employers...
by Eric Straus | Sep 6, 2024 | Commercial Insurance, Employee Benefits
The New York State Department of Financial Services (NYDFS) recently approved health insurance rate increases for 2025. The rate increase will be about 12.7 percent for individual plans and 8.4 percent for small group plans. The increase is also dependent on the...
by Eric Straus | May 13, 2024 | Commercial Insurance
Workers’ compensation is a system of no-fault insurance that provides medical benefits and compensation for lost wages and permanent physical impairments to employees who sustain work-related injuries. Workers’ comp coverage is mandatory for most New York State...
