CO| The Colorado’s Division of Insurance has issued Bulletin B-4-147 concerning the annual certification requirements for private plan insurance carriers participating in the Paid Family and Medical Leave Insurance (FAMLI) program. The bulletin outlines the form filing and certification processes that insurance carriers must follow to offer fully-insured private plans with paid family and medical leave benefits (PFML) coverage to Colorado employers. It emphasizes the need for carriers to submit updated forms consistent with FAMLI program rules, which became effective on January 1, 2025.
Key points:
- For plan year 2025, carriers must submit updated forms to the Division no later than March 31, 2025, including a fully executed “Appendix A – FORM PAID FAMILY MEDICAL LEAVE” with an officer’s signature.
- Annual certifications for PFML coverage must be submitted separately by December 31 of each year, starting from plan year 2025.
- The bulletin provides guidance on form filing requirements, including the submission of redlined versions of revised forms and the process for carriers who determine no updates are needed.