Workers' Compensation Committee Update
Staff contact: Lev Ginsburg
June 24, 2013
The Workers' Compensation Board has issued a subject number regarding the mandatory use of new Medical Treatment Guidelines forms MG-1 and MG-2. http://www.wcb.ny.gov/content/main/SubjectNos/sn046_551.jsp
NYCIRB has recommended a 16.9 percent increase in loss-costs that insurers would use, beginning in October, as the foundation of their rate-setting. The Business Council has submitted testimony on the filing to the Department of Financial Services for its hearing on the matter, June 25, 2013.