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November 10, 2023

NYS Workers' Compensation Assessment Rate Announced for 2024

The New York State Workers' Compensation Board has announced the NYS Assessment Rate (applied to all NY workers' compensation insurance policies) is 9.2% for the calendar year 2024.  This is a slight reduction from the 2023 rate of 9.8%.

NOTE: The Assessment Rate applied to Volunteer Firefighter Benefit Law (VFBL) and Volunteer Ambulance Workers Benefit Law (VAWBL) policies will remain 0%.