Five Tech Trends that Could Impact Your New York Workers' Compensation Insurance Costs

Posted by John Cofini on Tue, Nov 20, 2018 @ 01:51 PM

One thing you can always count on with the New York workers’ compensation insurance system is change. Major reforms were enacted in 2007, and last year the state’s 2017 budget included some of the biggest changes since 2007.

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Tags: workers’ compensation insurance, tech trends, New York workers' compensation insurance

How Much is New York Workers Compensation Insurance Fraud Costing Your Company?

Posted by Noff Colabella on Wed, Mar 01, 2017 @ 04:40 PM

If you’re a business owner with employees, workers’ compensation is already one of your biggest and costliest headaches. When you add fraud to the mix, it can only complicate matters and drive up costs. In fact, businesses like yours spend millions every year for overtime expenses, medical and legal costs, production delays, training costs for temporary help, and higher insurance premiums due to workers’ comp fraud.

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Tags: workers' compensation fraud, New York workers' compensation insurance

How Will Health Reform Impact New York Workers’ Compensation?

Posted by John Cofini on Wed, Apr 02, 2014 @ 10:53 AM

Despite two State Workers’ Compensation reform bills passed in 1996 and 2007, New York businesses and employees still struggle with one of the most expensive, yet least efficient workers' compensation systems in the nation. And many employers are now concerned about how the Affordable Care Act (ACA) will ultimately impact workers’ compensation. Although the ACA doesn’t contain any significant measures directed at workers’ compensation, certain aspects of the new law may have work comp ramifications.

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Tags: new york business insurance, New York workers' compensation, New York workers' compensation insurance, new york work comp insurance, work comp program

New York Workers’ Compensation: Communication is the backbone to an effective RTW program

Posted by John Cofini on Wed, Nov 13, 2013 @ 12:43 PM

As every business owner knows, when an employee gets injured, the meter starts running. With medical expenses, pharmaceutical costs, legal fees, time loss costs, lost productivity, and many hidden costs, a workers’ compensation claim can quickly become an expensive nightmare.

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Tags: New York workers' compensation, New York workers' compensation insurance, rtw program, return to work program

What’s your New York “workers compensation credit score”?

Posted by John Cofini on Thu, May 16, 2013 @ 12:40 PM

According to the most recent composite index by MarketScout, workers’ compensation rates increased more than six percent in April of this year. And as a New York employer, you’re still paying the highest taxes on workers’ compensation premiums in the nation.

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Tags: new york business insurance, New York workers' compensation, New York workers' compensation insurance, new york workers' comp, new york workers' compensation experts

Don’t Get Sunk by the New York Workers' Compensation Iceberg

Posted by John Cofini on Tue, Dec 11, 2012 @ 12:12 PM

Every time you have a workplace accident and a New York workers’ compensation insurance claim is filed, the meter starts running. And as a business owner, you know only too well how quickly claim costs can add up … from medical and rehabilitation costs, to temporary and permanent disability payments, and in some cases, legal expenses. And, that’s just the tip of the iceberg!

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Tags: new york business insurance, New York workers' compensation, New York workers' compensation insurance

Workers’ Compensation Safety Groups: Your Smart New York Workers’ Compensation Alternative

Posted by Christopher Boscarino on Thu, Jul 26, 2012 @ 10:34 PM

If you’re a safety conscious New York business struggling with out of control workers' compensation costs, maybe it’s time to consider a New York safety group as an alternative to your traditional New York workers' compensation insurance coverage.

What are safety groups?

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Tags: New York workers' compensation insurance, workers' compensation safety groups, workers' compensation costs, safety groups, new york safety groups

New York Workers' Compensation Insurance: 5 Cost Control Tips

Posted by Ronald Longueira on Mon, Apr 23, 2012 @ 01:44 PM

Five Things You Can Do to Keep Your New York Workers' Compensation Insurance Claims Costs Under Control

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Tags: New York workers' compensation insurance, new york workers' compensation claims