New York Should Reform Its Workers’ Compensation Laws to Reduce Injuries
May 6, 2014 —
This paper highlights the economic burden of occupational injuries in New York state’s private sector industries by estimating the direct, indirect, and quality of life costs resulting from occupational injuries. From 2010 to 2012, private sector occupational injuries in New York cost the State economy $10.9 billion, according to our analysis.
Recently, the New York County District Attorney Cyrus Vance Jr. proposed making significant reforms to New York’s workers compensation system. We generally agree with his proposal, and believe the changes should include measures to reduce workplace injuries. New York has long been at the forefront of safety reforms, and the district attorney's report provides an excellent opportunity to further expand workplace protections.