Assemblyman Pete Lopez (R,C,I – Schoharie) is pleased to announce that a Workers’ Compensation Reform bill passed by the Assembly last week will give businesses and farms some breathing room as they work to stay in business in New York state.
“With this agreement, I feel that we have taken a large step toward strengthening the upstate New York economy,” stated Lopez. “Businesses and farm families in New York pay some of the highest workers’ compensation costs in the country; this will help relieve that burden by saving them hundreds of millions of dollars in premiums.”
Before this package was passed, businesses were saddled with high premiums while low benefits were provided for employees. Now cost-saving measures to help businesses have been passed. Permanent partial disability benefits have been capped, and stronger anti-fraud measures will add transparency and cost savings. The workers’ compensation system will also include new measures to expedite the compensation hearing process, thereby streamlining the course of treatment and return to work.
“Strengthening our farms and small businesses – the backbone of our upstate economy – remains a high priority for the 127th Assembly District and the state as a whole,” Lopez said. “Bi-partisan passage of this measure sends an important signal to our communities that we are listening, and more importantly, working to make New York State a better place to work and raise our families. This is a good day for the people of New York.”