New York State Insurance Fund
HospCredit

NYSIF Releases Report Linking Extreme Heat to Worker Safety; Offers Premium Credit

Governor Hochul has released a groundbreaking report from NYSIF showing that when the heat index is over 80°F, injuries resulting in workers' compensation claims were 45 percent more likely to arise and 20 percent more severe.

Governor Hochul also announced NYSIF's first-in-the-nation, voluntary climate action pilot program for hospitals, focused on improving worker health and safety while addressing the harmful impacts of climate change on the environment. The program provides premium credits of up to $1 million to NYSIF-insured hospitals that pledge to achieve net zero greenhouse gas emissions by 2050 and enhance their resilience to extreme weather events.


Visit our Climate Credit Page


NYSIF NEWS

Carpenter

PPE Proper Fit Credit

Ill-fitting PPE compromises safety and may discourage employees from using safety equipment. This is a one-time credit of up to 10% of annual premium (capped at $1,000) for the purchase of related safety equipment and materials. (For contracting risks only.)

ViolinRepair

Small Business Support Team

NYSIF has created a Small Business Support Team to assist newly-established businesses obtain workers' compensation and to provide those policyholders with direct one-on-one support from NYSIF staff from initial underwriting through the renewal process.

Housekeeper

Equal Monthly Billing

New! NYSIF now offers Equal Monthly Billing, allowing eligible businesses to spread their payments over the course of 12 months and eliminating larger deposits. This change will ultimately help small businesses managing cashflow throughout the annual billing cycle.

NYSIF Hosts MWBE Forum

Along with NYSIF Board of Commissioners Chair Kenneth R. Theobalds and NYSIF Executive Director & CEO Gaurav Vasisht, the event featured keynote speaker Kneeland Youngblood, Founding Partner, CEO and Chairman of Pharos Capital Group.

InjWorker

NYSIF Accelerates Benefit Payments to Injured Workers

NYSIF delivered nearly 800,000 faster payments to injured workers and beneficiaries while direct deposit enrollments rose 46% in last 18 months.

CrutchesPhone

NYSIF Announces Claim Mobile App

NYSIF's new workers' comp claim mobile app provides check/payment status, hearing dates, payment history and can even provide notifications for payments or important dates. 

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