New York’s 2017 Workers’ Compensation Reforms: What They REALLY Mean for Employers and Carriers
When New York’s 2017 budget recently passed — bringing some significant changes to the state’s Workers’ Compensation Law with it — a great deal of misinformation as to how those changes would impact employers and insurers followed in its wake.
Importantly, the passage of reforms as part of the budget did not include Senate Bills S4014, S4554, S4520, or S4345. Rather, changes were made as part of the budget bill S2009, and they are substantially different from these prior bills.
Goldberg Segalla’s Workers’ Compensation team dug deep into the reforms to provide you with the following summary of the changes and their likely impact on and practical application to workers’ compensation.