Saving with Equivalent PLO Plans! It’s not too late!

Book a call with Candace and Joshua

As of 1/1, you and your employees started paying a new tax!

This is to cover Paid Leave Oregon, which is scheduled to go into effect 9/3/23

Many employers didn’t understand the private options, or how much potential savings there was to go with an “Equivalent Plan”. If you didn’t explore this with your broker, it’s not too late! You can still get quotes! And if you find something better, you have until 5/31 to notify the state.

This will allow you to stop paying the tax until you start paying premiums on your own plan… because companies with the state plan are essentially paying for nothing right now(Paying into the pool)… Of course, this doesn’t apply to businesses who already got help securing an Equivalent Plan.

More to come on this, but in the meantime, I sat down and had a great conversation with Candace Bennett to update you on your options. The podcast is live, but I suggest the YouTube video because it has visuals.

We are running out of time on this! So if you know you need help navigating this, book a no pressure call with Joshua Keene here. Discuss PLO with Joshua and Candace.

Not ready to discuss without researching?

Contact Joshua for more info and resources: 503-519-8358 jkeene@laporte-insurance.com Or, subscribe to the state of Oregon’s info updates here: https://paidleave.oregon.gov/