An Act To Amend The Requirements Governing Self-Insurance Plans In The Paid Family And Medical Leave Benefits Program

This bill updates Maine's Paid Family and Medical Leave program by requiring employers with self-insured private plans to post a financial bond with a state-authorized surety company. It also prohibits these employers from pooling risk, financial resources, or administrative functions with other employers in the program. The changes apply retroactively to April 1, 2025, affecting any self-insured plans operating under the program from that date forward.