Objective

To ascertain the total expenses that the Workers’ Compensation Board (Board) incurred in administering the Workers’ Compensation Program (Program) for the 3 State Fiscal Years ended March 31, 2023.

About the Program

The Board’s primary responsibility is to ensure that employees who are unable to work due to injury or illness are compensated under programs covering both occupational and non-occupational disability and sickness. Coverage for these benefits, with limited exception, is to be provided by employers. Costs to administer the Program are recovered via the Board’s assessments on participating insurance carriers, self-insurers, the State Insurance Fund, and self-insured political subdivisions of the State. Sections 151 and 50(5) of the Workers’ Compensation Law require that the Board and the Office of the New York State Comptroller ascertain the actual total expenses to administer the Program. Section 50(5) addresses administrative expenses that are assessed on self-insurers.

We performed certain procedures, which were agreed to by the Board, to ascertain the Board’s expenses to administer the Program for the 3 State Fiscal Years ended March 31, 2023. Annual expenses to administer the Program averaged about $214.1 million.