Understanding the Cost of Workers’ Compensation Assessments

Workers’ compensation provides important benefits to employees injured on the job, covering medical care and lost wages. In many states, including New York, the system is funded in part through assessments or surcharges that are added to employer premiums.

What Are Workers’ Comp Assessments?

Assessments are fees collected by the state to:

• Administer the workers’ compensation system

• Support special funds, such as those for long-term or reopened claims

• Ensure benefits remain available for injured workers

Why Employers Notice Rising Costs

In some years, states adjust assessment rates to keep up with system needs or healthcare costs. These increases may be more noticeable for small businesses, municipalities, and nonprofits that operate on tight budgets.

Balancing Costs and Benefits

While assessments increase employer expenses, they also play a key role in:

• Keeping the workers’ compensation system funded

• Supporting efficient claims processing

• Ensuring resources are available for employees who need medical care or wage replacement after an injury

Request an Appointment

If you’ve been injured at work, we can help connect you with a trusted provider in your area. Request an appointment today, and our team will connect you directly with the provider’s office.

This blog from Pain and Injury is intended for educational purposes only. It provides general information and should not be taken as legal or insurance advice. For official details on assessments and current rates, please visit the New York State Workers’ Compensation Board.