Mass. AG reaches settlement with Uber, Lyft: What it means for drivers [Video]

Massachusetts Attorney General Andrea Campbell says her office has secured a settlement in its case against Uber and Lyft that ensures a number of benefits and protections for drivers who work for those rideshare companies.Under the agreement, Uber and Lyft will pay their drivers a minimum wage of $32.50 per hour. The drivers will also receive guaranteed paid sick leave, as well as a stipend to buy into the Massachusetts paid family and medical leave program.The settlement also includes a pooled health insurance benefit, in which Uber and Lyft will allow drivers to pool their hours driving for the two companies to obtain access to a health insurance stipend. Uber and Lyft drivers are also eligible for occupational accident insurance paid by the companies for up to $1 million in coverage for work-related injuries.Campbell said Uber and Lyft will also pay a combined total of $175 million to Massachusetts to …