It’s time to prioritize paid family and medical leave benefits for all workers. America’s life insurance companies are eager to work with private employers and government to expand this crucial coverage.
Paid leave for all takes all of us
Nearly 62 million Americans benefit from employer-based paid leave. But, that’s not enough.
Whether welcoming a new child, recovering from an injury, or managing illness, all Americans should be protected from economic loss when taking time off from work to care for themselves or a loved one.
By building on and expanding the existing employer-based system, insurers, employers, and government can reach more workers with coverage quickly and cost-effectively.
Americans support a common sense approach to cover more workers.
75% support a partnership between the government and private plans that provides paid leave for employees of small businesses and self-employed workers.
How It Works
Private insurers have the tools and experience to cover more workers and families through employer-based plans. A public-private partnership can build on this expertise.
- More than 47% of full-time civilian workers receive paid medical leave benefits through the private sector.
- Life insurers and employers paid out $9.5 billion in paid leave benefits in 2021.
Our paid medical leave benefit is really important to employees and also to us in retaining them. To offer short term, long term paid medical leave – people want that, people need that.— Maureen SanphyOffice Manager and Human Resource Navigator, Robert W. Irvine & Sons, Inc., Commercial Plumbing & Heating