Massachusetts PFML Private Option
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Click here or call 508-494-8303

Get a PFML quote from a Private Insurance Carrier!!

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Private Option  

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Unlike other states like Rhode Island , whose version of PFML called TDI, does not have any other option but the State of Rhode Island.    In Massachusetts, although you need to provide PFML, you have options!!

We now have 50 companies providing them with PFML coverage with one of the 10 different carriers we represent at rates the same or lower then the  .75% or payroll being charged by the Commonwealth of Massachusetts. According to the Commonwealth of Massachusetts as of January 1st, 2021, 4,000 groups have gotten a private insurance exemption to provide their employees with PFML coverage. Think about that 4,000 companies have opted out the Commonwealth of Massachusetts to provide PFML benefits to their employees!!

Why ?? Let us give you the example of a company with a $5,000,000 payroll that we were able to obtain a rate of .49% from a private insurance company.

  • Commonwealth of Massachusetts at .75% equates to $37,500 in annual premiums
  • Private Carrier at .49% equates to $24,500 in annual premiums
  • $13,000 in savings

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There is alot more to employee benefits then premiums, however, like ease of premium billing and claims processing.     Would you rather work with a private carrier and us with your billing and claims issues or a government bureaucracy??

We provide real live people to call or e-mail with any benefits, premium or claims questions!!!   What are you waiting for ????

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Read us quoted from December 19, 2019, in this Boston Globe Column

But Bill Randell, president of Advantage Benefits Group in Worcester, envisions a scenario in which the state program becomes akin to a high-risk pool. The state gets stuck with all the high-risk employers — the ones with low pay and high turnover — and needs to keep raising rates as a result. He says state officials never anticipated this many companies would get exemptions, especially so soon

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Or this quote from December 31st, 2019, in this Boston Globe column.

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” There are people who have been waiting . . . for January 1 to roll around,” said Bill Randell, principal at Advantage Benefits Group in Worcester. “The state is going to be overrun with claims.”