New York's workers' compensation system would undergo a sweeping overhaul under a blueprint outlined in Gov. Andrew Cuomo's proposed budget.
The critical change would charge the State Insurance Fund (SIF) the same premium-based assessment to the state that all private insurers must pay.
The proposal is likely to be approved by the state Legislature because it is part of the comprehensive state budget Cuomo has proposed, according to David Dickson, past president of the Professional Insurance Agents of New York Inc.
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