The New York Workers’ Compensation Board had adopted rules that allow the state’s Jockey Fund to self-insure the workers’ compensation risk of jockeys, apprentices and exercise riders involved in thoroughbred racing, according to a notice in Wednesday’s state Register.
The board announced the proposed rules in January. State budget legislation passed in April 2017 authorized the board’s Jockey Fund to self-insure as a means of reducing the cost of coverage. The fund now purchases insurance coverage on behalf of those workers by levying an assessment of up to...
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