Before the 03/13/07 reforms, businesses who operated primarily from regions outside of New York State but had employees in the state could cover the New York employees under a general workers' compensation policy providing coverage for all workers in all states. Now, these businesses must specifically indicate on their policies that they have New York State coverage for these employees.
Are you affected?
You are affected if you are operating
your business from a state other than New York and have employees
working in the state. Call your workers' compensation insurance agent
to ensure you have made the proper elections.
Examples of businesses typically affected:
Over-the-road
trucking companies, building contractors, internet businesses, New
Jersey businesses, Pennsylvania businesses, Connecticut businesses, etc.
What happens if I don't comply?
You may be penalized
$1,000.00 every 10 days until you comply. (The premiums will probably
be far less expensive than the penalties!)
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