N.Y. Workers' Compensation Law Section 70
Excess or catastrophe insurance

  • public group self-insurance plans

1.

The committee or administrator, subject to the approval of the board of supervisors, may on behalf of the plan purchase excess or catastrophe insurance. The cost of such insurance shall be an administrative expense of the plan.

2.

The committee or administrator, subject to the approval of the board of supervisors, may on behalf of the plan join a public group self-insurer established under subdivision three-a of § 50 (Security for payment of compensation)section fifty of this chapter. Notwithstanding any other provision of this chapter, when the committee or administrator contracts on behalf of the plan to join a public group self-insurer:

a.

the public group self-insurer, the county and each participant shall remain liable in the manner provided in the plan for claims made prior to the date on which the plan joins the public group self-insurer; and

b.

the committee or administrator shall establish, before the plan joins the public group self-insurer, a method, which may be amended annually thereafter, by which to apportion among the participants in the plan the cost of its membership in the public group self-insurer and all claims made after the date on which the plan joins the public group self-insurer, and each participant in the plan shall pay its respective share of the cost to the county treasurer, who shall pay the public group self-insurer on behalf of all plan participants.

Source: Section 70 — Excess or catastrophe insurance; public group self-insurance plans, https://www.­nysenate.­gov/legislation/laws/WKC/70 (updated Sep. 22, 2023; accessed Apr. 27, 2024).

Green check means up to date. Up to date

Accessed:
Apr. 27, 2024

Last modified:
Sep. 22, 2023

§ 70’s source at nysenate​.gov

Link Style