Paid Leave Oregon will accept applications for equivalent plans for Oregon’s Paid Leave program beginning in September 2022. The application fee for a new equivalent plan is $250. If an employer wants to offer an equivalent plan, they have two options:
- Buy an insurance policy from an insurance company, which will be responsible for all claims, benefits, and payments.
- Create their own equivalent plan. This means the employer will be responsible for claims, benefits and payments of the equivalent plan, whether or not they use a third-party administrator.
In either case, Paid Leave Oregon will need to review and approve any equivalent plan before the employer can offer it to their employees. More information on equivalent plans is online.