Puerto Rico State Insurance Fund Adopts COVID-19 Emergency Measures for Employers
On March 18, 2020, the Puerto Rico State Insurance Fund Corporation (PR-SIF) adopted additional measures for the benefit of employers in Puerto Rico due to the emergency caused by the coronavirus (COVID-19).
The PR-SIF states that the validity of all the policies with an expiration date in the month of March is extended until April 30, 2020.
It also states that all employers with contracts with the government or with a private entity are exempt from complying with the formalization and payment procedures of their policy up to 10 days after the agency restarts its operations completely.
In addition, employers are authorized to send employees to work from their homes with coverage until April 30, 2020, or up to 10 days after services are restored, without the need to make any changes to their relevant, existing workplace policy.
Given the rapidly changing situation as the government responds to the COVID-19 pandemic, businesses must prepare. Jackson Lewis attorneys and the dedicated COVID-19 Task Force are ready to assist with any questions.
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