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New York Health Insurance Rates to Rise in 2025
The New York State Department of Financial Services (NYDFS) recently approved health insurance rate increases for 2025. The rate increase will be about 12.7 percent for individual plans and 8.4 percent for small group plans. The increase is also dependent on the...
What are New York’s Workers’ Comp Employer Penalties?
Workers’ compensation is a system of no-fault insurance that provides medical benefits and compensation for lost wages and permanent physical impairments to employees who sustain work-related injuries. Workers’ comp coverage is mandatory for most New York State...
Updated New York Laws on Prenatal Leave, Lactation Time, and COVID Leave
The recently enacted New York budget for fiscal year 2024-25 includes provisions mandating paid employee prenatal leave and lactation break time, and repealing the state’s COVID-19 sick leave law. The provisions have different effective dates in 2024 and 2025. Paid...
