Many aspects of New York’s workers’ comp benefit structure combine to deliver inadequate lost-worktime compensation to injured workers. Since 2007 workers' comp “reforms,” payments to or on behalf of workers have fallen relative to workers’ comp premiums while insurance company profits have soared. This report unravels the details and argues that the Empire State needs to take a fresh look at its workers’ comp system in order to restore the priority of fairly compensating victims of workplace injuries and ensure that businesses responsibly invest in enhancing workplace safety. This report updates several data series included in an earlier version released in April 2019.

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