What it’s good to find out about NYS Incapacity Insurance coverage
Whether or not you’re a NY-based firm or have only a single NY-based worker, you’re required by regulation to supply incapacity advantages to all eligible New York workers.
Complying with New York State’s Incapacity Advantages Law1
Disabled workers based mostly in New York are entitled to obtain weekly money advantages to exchange, partially, wages misplaced because of an sickness or damage that doesn’t come up out of or over the course of their employment:
- Incapacity advantages embody money funds solely
- Employers and insurance coverage carriers aren’t accountable for medical care
- There could also be important penalties for failing to safe NYS Incapacity Insurance coverage