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Emergency Rule Published on Self-Insurance for Jockey Fund

Thursday, March 1, 2018 | 280 | 0 | 18 min read

The New York Workers’ Compensation Board has adopted an emergency rule that gives the Jockey Fund the option to self-insure for workers’ compensation coverage. The emergency rule was in response to budget legislation passed in April 2017 that took effect immediately, allowing the Jockey Fund to self-insure. The legislation allows the Jockey Fund to self-insure coverage for jockeys, apprentice jockeys and exercise workers licensed under the state’s pari-mutuel law. The fund had been levying an assessment of up to 2% of owners’ purses to buy the workers’ comp cove...

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