Putting Benefits To Work For PeopleSM

Group Insights

The New York Life Group Benefit Solutions Newsletter  |  May 2022

Two colleagues talking in hallway

This month’s edition introduces Empathy, a new survivor-support service for employees and their families. You also have a preview of recent paid family leave legislation in Maryland and Delaware. And our new series, “The Claimant’s Journey,” sheds light on the trained professionals and services that provide positive outcomes for employees returning to work.


Top headlines in this issue.

Mother and daughter on porch
Mother and daughter on porch

Support for Beneficiaries Beyond the Claim

Announcing Empathy1 for life beneficiaries
Survivor support is a priority for New York Life Group Benefit Solutions (NYL GBS). That’s why we’ve partnered with Empathy (through 2023)1 to provide additional resources to NYL GBS life insurance policyholders and their beneficiaries to help them navigate the grief process after losing a loved one.

Read the full article

Mother and daughter on porch

Mother Braiding daughters hair

Maryland Passes Paid Family Medical Leave2

Maryland passed the nation’s next paid family medical leave program on April 9, 2022 by overriding Governor Larry Hogan’s veto of Senate Bill 275, the Time to Care Act of 2022. Premium contributions to the state program must begin by October 1, 2023, and employees may begin receiving benefits on January 1, 2025.

Read the full article


Construction workers at work
Construction workers at work

Delaware Assembly Passes Paid Family Medical Leave3

On April 14, the Delaware Assembly passed the Healthy Delaware Families Act, Senate Substitute 2 for Senate Bill 1. Governor Carey previously supported this legislation in his proposed budget and in his State of the State address so it is anticipated the Act will be signed into law.

Read the full article

Construction workers at work

Statutory Benefits Quick Reference Guide

Our Statutory Benefits Quick Reference Guide is always available for your review. NYL GBS monitors state disability and paid family leave laws and will revise the guide to reflect the latest in statutory updates.

Putting Benefits To Work For PeopleSM

Serving the needs of employers and their employees starts with taking a simpler and human-centered approach. Watch the video to see how New York Life Group Benefit Solutions can advance your goals and inspire confidence.


The Claimant’s Journey

A simpler and human-centered approach means working toward the best and safest outcomes for employers and the people they depend on to advance their organizations. Our new series spotlights these efforts and kicks off with a story shared by our Group Disability Claims area.


stethoscope
stethoscope

Riley: Getting a claimant back to work successfully 
Diagnosed with a serious illness and treatments for this illness, Riley filed a disability claim. He was experiencing a significant amount of pain, as well as spasms in his upper body. He also had difficulty holding his head up. Riley held a sedentary position  which required him to work long hours seated in front of a computer.

Learn more about Riley’s recovery and how his NYL GBS Vocational Coach was able to help him safely return to work.

The above story is for illustrative purposes, the name of the individual and some details have been changed to protect their identity but was based on a real person’s experience.

stethoscope

Free webinars for NYL GBS clients.

Every month My Secure Advantage (MSA)4 hosts financial wellness webinars5, which are free for NYL GBS clients. The webinars are presented on scheduled Tuesdays and Thursdays. Upcoming webinars include: 

Retirement Planning

Tuesday, June 14

Whether you are at the beginning or near the end of your career, the most important first step toward building a retirement plan is writing a savings goal. Knowing that there are many competing needs or wants for the dollars you save, we will review goal-setting strategies that can help you stay on track. We will also review common types of investment accounts for your savings.

Register: 9 a.m. PST  |  Register: 12 p.m. PST

Dreaming of Retirement

Thursday, June 23

Many people can't wait for retirement, yet they spend more time planning their vacations than putting together a formal plan. To be confident that you can sustain the retirement lifestyle you envision, you may need to do some calculations to determine whether you are on track to have the necessary income or assets. In this class, we provide the tools to help ensure your retirement dreams are realistic.

Register: 9 a.m. PST  |  Register: 12 p.m. PST

Free webinars for NYL GBS clients.

Every month My Secure Advantage (MSA)4 hosts financial wellness webinars5, which are free for NYL GBS clients. The webinars are presented on scheduled Tuesdays and Thursdays. Upcoming webinars include: 

Retirement Planning

Tuesday, June 14

Whether you are at the beginning or near the end of your career, the most important first step toward building a retirement plan is writing a savings goal. Knowing that there are many competing needs or wants for the dollars you save, we will review goal-setting strategies that can help you stay on track. We will also review common types of investment accounts for your savings.

Register: 9 a.m. PST  |  Register: 12 p.m. PST

Dreaming of Retirement

Thursday, June 23

Many people can't wait for retirement, yet they spend more time planning their vacations than putting together a formal plan. To be confident that you can sustain the retirement lifestyle you envision, you may need to do some calculations to determine whether you are on track to have the necessary income or assets. In this class, we provide the tools to help ensure your retirement dreams are realistic.

Register: 9 a.m. PST  |  Register: 12 p.m. PST

If you also have New York Life Group Benefit Solutions’ Life Assistance Program (LAP)6, ask your Account Manager to provide you with the quarterly calendar of LAP webinars, which also includes the MSA webinars.


Contact us

Now, you have a bi-monthly resource that provides critical absence topics and much more in the world of group benefits. We welcome your input about our coverage and ideas for future topics.

1 Empathy is not affiliated with New York Life or subsidiaries of New York Life and provides this service at no cost to you. The use of this service is optional. Service availability may vary by your state of residence or by plan type and location.

This program is not available under policies issued by New York Life Group Insurance Company of NY and policies delivered in Oregon and Washington that are issued by Life Insurance Company of North America (LINA).

2 Maryland Senate Bill 275, Labor and Employment – Family and Medical Leave Insurance Program – Establishment (Time to Care Act of 2022).  

3 Delaware State Assembly, Senate Substitute 2 for Senate Bill 1, 2022 Family and Medical Leave Insurance Program. 

4 My Secure Advantage is NOT insurance and does not provide reimbursement for financial losses. Customers are required to pay the entire discounted charge for any discounted products or services available through these programs. Programs are provided through a third party vendor who is solely responsible for their products and services. Full terms, conditions and exclusions are contained in the applicable client program description, and are subject to change. Program availability may vary by plan type and location, and is not available where prohibited by law. This program is not available under policies insured by New York Life Group Insurance Company of NY.

Seminars are provided through a third party vendor who is solely responsible for their products and services. Terms and conditions are contained in the client program description, and are subject to change. Program availability may vary by plan type and location, and is not available where prohibited by law.

Life Assistance Program (LAP) These programs are NOT insurance and do not provide reimbursement for financial losses. Some restrictions may apply. The Life Assistance Program products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Evernorth Behavioral Health, Inc. and Evernorth Care Solutions, Inc. Customers are required to pay the entire discounted charge for any discounted products or services available through these programs. Programs are provided through third party vendors who are solely responsible for their products and services. Full terms, conditions and exclusions are contained in the applicable client program description, and are subject to change. Program availability may vary by plan type and location, and are not available where prohibited by law. These programs are not available under policies issued by New York Life Group Insurance Company of NY. Cigna Corporation and its subsidiaries are not affiliated with New York Life Insurance Company and its subsidiaries.

This newsletter and its content is being provided for informational and educational purposes only. Any information or discussion of legislation or regulation is provided for informational purposes only and not intended as legal guidance. For specifics, please review the applicable links or consult with your own legal professional before making any decisions. New York Life Insurance Company, its subsidiaries, affiliates, and employees, are not in the business of providing legal advice, and none is intended nor should be inferred from the foregoing information. Clients are advised to seek the counsel of their own legal advisors who must form their own independent opinions on these matters based on their independent knowledge and research.

New York Life Group Benefit Solutions products and services are provided by Life Insurance Company of North America or New York Life Group Insurance Company of NY, subsidiaries of New York Life Insurance Company. Life Insurance Company of North America is not authorized in NY and does not conduct business in NY.