by Pyrros & Serres LLP | Jan 27, 2016 | Workers Compensation Attorneys
In a last-minute deal, horse owners and trainers have avoided a substantial increase in workers’ compensation premiums for jockeys and exercise riders in 2016.
In New York, workers’ compensation insurance premiums to cover jockeys and exercise riders are paid into the Jockey Injury Compensation Fund, which then purchases workers’ compensation insurance through the New York State Insurance Fund. Premium payments are assessed to owners and trainers.
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Under the emergency rule, owners would also have seen a substantial increase in workers’ compensation assessments, from one percent of purse money in 2015 to two percent in 2016. The fee would have been capped at $20,000.
- New York Jockey Work Comp Rate Hike Avoided
- Experienced Workers Compensation Attorneys in New York
At Pyrros & Serres LLP, we handle all matters related to workers’ compensation and Social Security disability claims for people in Queens and across the greater New York City metropolitan area. Because of our reputation for effective advocacy, many of our new clients come to us as referrals from clients and other lawyers.
