New York A08900 amends the workers' compensation law to adjust assessment rates for employers with an alternate dispute resolution program.

New York A08900 amends the workers' compensation law to modify assessment rates for employers who have established an alternate dispute resolution program. Specifically, it adjusts the assessment rate for employers who use this program to administer workers' compensation benefits, ensuring it reflects savings in administrative expenses. The new rate cannot exceed fifty percent of the assessment rate for other affected employers. This change applies to fiscal years beginning on and after April 1, 2026.

New York A08900 amends the workers' compensation law to adjust assessment rates for employers with an alternate dispute resolution program.

New York A08900 amends the workers' compensation law to modify assessment rates for employers who have established an alternate dispute resolution program. Specifically, it adjusts the assessment rate for employers who use this program to administer workers' compensation benefits, ensuring it reflects savings in administrative expenses. The new rate cannot exceed fifty percent of the assessment rate for other affected employers. This change applies to fiscal years beginning on and after April 1, 2026.