COMP WATCH '06
in New York's workers' compensation system have made comp costs here among
the nation's highest.
The Business Council is publishing a series of new reports documenting the case for Workers' Comp Reform:
- Issue #7: Could New York be the next workers' comp success
story? New York has an opportunity: learning from one state's successful reforms-from a very familiar starting point-at a time when comprehensive comp reform proposals have already been introduced in Albany. Now's the time for the Legislature to act so our businesses and jobs become part of another success story.
- Issue #6: Comp reform: the case for action
Legislators and most other New Yorkers don't always hear about how the cold, hard cost-of-comp data manifests itself in the “real world” of shops and plants in our hometowns. One CEO shares some perspective on his 'million-dollar' comp costs.
#5: The Comp System: Why reform now?
The case for workers' comp reform is being made across the state in 2006.
#4: Real-cost perspectives on unlimited lifetime benefits
New York is unusual, if not unique, in offering unlimited lifetime benefits in permanent partial disability cases— and this distinction adds to the mounting costs of our state's comp system.
#3: Attention New York Businesses: Please don't read this Pennsylvania has cut workers' comp costs—again.
And with an average cost per case that's half of what New
York businesses pay, our neighbor to the south is becoming even
more attractive for relocation.
- Issue #2:
Paying twice: how the comp system looks from town hall
Counties, cities and towns across the state are grappling with high workers compensation costs, just like most other employers in New York. And these costs have a direct effect on your taxes.
- Issue # 1:
Comp: Fundamentally undermining our competitiveness
New York State's workers' compensation system is nearing crisis mode. But year after year, Albany refuses to fix what's wrong with the system. And the pain continues to worsen.
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