Overview

Welcome to the Digital Library

To get started, search through the manuals or pick your manual from the left side navigation menu to browse.

Latest Revisions
  • 19. MULTIPLE YEAR POLICIES OTHER THAN THREE-YEAR FIXED RATE (NEW YORK WORKERS' COMPENSATION STATISTICAL - PART I - )
      NEW YORK WORKERS' COMPENSATION STATISTICAL - PART I -
      19. MULTIPLE YEAR POLICIES OTHER THAN THREE-YEAR FIXED RATE

      Multiple year policies must be considered as separate policies for USR reporting purposes, and reports for each unit of (12) months or less shall be filed at the time all other USR reports on policies with the same effective date are being filed. If, however, a policy written for a period that is more than one year, but not more than one year and sixteen days, such policy must be treated as a one-year policy for reporting purposes. The USR reports for such policy must be filed at the time all other USR reports on policies with the same effective date are being filed. Losses must be valued 18 months after the effective date of each unit of experience, and at annual periods thereafter.

      Examples:

      1. The statistical reports on a three-year policy effective July 1, 2021 must be filed at the same time as other reports on policies effective in July 2021, July 2022 and July 2023. Losses shall be valued January 2023, January 2024 and January 2025, respectively.

      2. The statistical reports on a policy covering the period July 1, 2022 to January 1, 2025, with the first six months considered as a unit, must be filed with other reports on policies effective in July 2022, January 2023 and January 2024. Losses shall be valued January 2024, July 2024 and July 2025, respectively.

      3. The statistical reports on a policy covering the period July 1, 2022 to January 2025, with the last six months considered as a unit, must be filed with the other reports on policies effective in July 2022, July 2023 and July 2024.  Losses shall be valued January 2024, January 2025 and January 2026, respectively.

        Note: A policy issued for a period not longer than one year and 16 days is treated as a one-year policy.

      Jump To RC Bulletin #2637 Revision Eff. Date 2026-01-01
Current and Archived Manuals
What is the Digital Library?
The Digital Library is a feature enhanced, database driven version of our Workers' Compensation Manuals, Plans and References. The conversion from text publications to database driven web applications is intended to benefit our Users, Members and Subscribers with faster, easier and more accurate information regarding the New York Workers Compensation rules, procedures and protocols. All of the information in prior PDF publications has been captured and retained; and in most cases this information has been enhanced either aesthetically and/or functionally.

What's New?
Noted changes to past procedures would include changing the page reference identification system from "page based" (e.g., R-1, R-50, R-70) to "paragraph based" (e.g., Rule 3 - Paragraph D). A new Revision History feature has been adapted in support of this new reference system. For instance, each Paragraph of each Rule now contains a complete history of revisions for that specific Paragraph while also retaining an archived history of prior versions of that Paragraph dating back to the Original Printing of the Manual. A listing of the latest revisions are available for the entire Manual by selecting the History icon at the top of the users screen.