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Study Shows Benefits Lag While Insurance Profits Soar

By William Rabb (Reporter)

Monday, June 3, 2019 | 469 | 0 | 30 min read

A new study finds that that workers' compensation benefits are surprisingly low in New York, a state known for its progressive policies and high cost of living. Meanwhile, workplace fatalities have spiked and insurance company profits continue to grow, while the cost of comp to employers has remained flat over the last few years, according to the study published last week by the Center for New York City Affairs, part of The New School, a university in Manhattan. “Worker protections under New York's workers' comp system have seriously eroded over the years as legislative...

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