Wage Parity is a legally required supplemental pay benefit for hourly home care aides employed by a Certified Home Health Agency (CHHA), Long-Term Home Healthcare Program (LTHHCP), Managed Care Organization (MCO), or Fiscal Intermediaries (FI) within New York City, Nassau, Suffolk, or Westchester. According to Public Health Law 3614-c and the most recent amendment to the Home Care Worker Parity Law, such employers must provide a supplemental pay to home care aide employees as described in the table below.
Who is eligible for Wage Parity?
Wage Parity benefits are available to all hourly home care aides working for a Certified Home Health Agency (CHHA), Long-Term Home Healthcare Program (LTHHCP), Managed Care Organization (MCO), or Fiscal Intermediaries (FIs) within New York City, Nassau, Suffolk, or Westchester.
What’s the benefit of Wage Parity?
Wage Parity benefits that are paid to participants are tax-free.
Is there a limit to Wage Parity contributions?
Yes. Wage Parity wages are limited to 40 hours per week.
*Federal Labor Standards Act (FSLA)
What services are available so that I may utilize my Wage Parity funds?
Eligible healthcare expenses are governed by IRS Section 213(d).
What if I do not use all of my Wage Parity funds during the plan year?
Unused Wage Parity funds will rollover from year to year. If a participant/employee leaves his/her employer, he/she will keep the funds until they are depleted.