NYS Work Comp Assessment To Fall To 7.0%
The New York State Workers’ Compensation Board has announced that the mandatory assessment rate for 2026 will be 7.0%. This represents a slight decrease from the current level of 7.1%.
The assessment, required by the state Workers’ Compensation Law, pays for the board’s administrative expenses. It applies to Workers’ Compensation insurance standard premium or “premium equivalent” (for self-insured employers).
The new rate applies to all policies effective on and after Jan. 1, 2026.
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