State Finance Agency Approves Changes to Workers' Comp Data Reporting Guide

The New York Department of Financial Services has approved changes to the document that outlines requirements for workers' compensation data reporting, the state's rate-maker announced Friday. The New York Workers' Compensation Statistical Plan will undergo the following updates, effective Jan. 1: Insurance carriers may submit replacement reports on documents other than the original report. The change will eliminate the need to submit official correction records. Code 9, which is used to identify all permanent partial claims, will be eliminated. In its place will arise Code 10...