Medical Leave is a type of legal protection that allows employees to take time off from work for medical reasons. It is regulated by both federal and state laws, and is designed to ensure that employees are not penalized for taking time off to attend to their health. Medical Leave can be used for a variety of reasons, including medical appointments, recovery from illness or injury, and care for a family member. Depending on the state, employers may be required to provide paid or unpaid leave, or a combination of both.
Employers must also comply with the Family and Medical Leave Act (FMLA), which provides eligible employees with up to 12 weeks of unpaid, job-protected leave for certain medical and family reasons. The FMLA also requires employers to maintain health insurance coverage for employees on leave.
The Medical Leave market is comprised of a variety of companies that provide services related to medical leave, such as legal advice, compliance assistance, and employee benefits. Examples of companies in this market include Aon, Mercer, and ADP. Show Less Read more
