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Thoroughbred Assn. Increases Fees to Pay for Higher Workers' Comp Rates

Wednesday, December 24, 2014 | 0

New York horse trainers will have to pay $1.50 per stall per day and the percentage of purses allocated for workers' compensation expenses will increase to 1% from 0.95% in order to pay for an increase in workers' compensation premiums charged by New York State Insurance Fund, according to a report by the Daily Racing Form. The newspaper said the New York Thoroughbred Horsemen's Association must pay $2,475 for workers' compensation insurance for trainers at its Aqueduct and Belmont Park tracks in the coming year, up from $940 in 2014. All totaled, workers' comp premiums fo...

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