S1 E26 Employers Paying The Price NYS S7950/A8429B

Send us Fan MailThe Deep Dive will discuss two opposing viewpoints regarding proposed New York legislation (S7950/A8429) aimed at combating workers' compensation employer fraud. One source, a letter from the iFraud Foundation, expresses strong opposition to the bill, arguing it creates duplicative structures, implements uncapped assessments on employers, and introduces governance conflicts of interest within the proposed fraud assessment commission. Conversely, the legislative text of A8429-B outlines the bill's intent to establish a fraud assessment commission and a new assessment on employers to fund investigations and prosecutions, specifically targeting employer workers' compensation premium fraud. The bill details the composition of the commission and the creation of a "workers' compensation fraud investigation fund" to which these new assessments would be credited, emphasizing the need for additional resources to combat widespread fraud and wage theft in the construction industry.Support the show