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Code Rule 59-60 Risk Mitigation/Compliance Services
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Expert Guidance
Explore our specialized risk- mitigation programs tailored to meet the unique needs of employers and organizations. Our services cover New York State's Worker's Compensation requirements comprehensively.
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Safety Professionals
We provide assistance in responding to state audits for compliance with code rule 59 and 60. Our team of safety and health professionals ensures your organization meets all compliance and programmatic demands
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Health Programs
Our consulting services offer onsite support for employers looking to enhance their risk management strategies. We develop health programs that prioritize the well-being of your business' future.
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Training Experts
Get expert guidance and training on navigating New York State's regulations. Our training experts are dedicated to helping you achieve and maintain compliance with ease.
What are Code Rules 59 and 60?
New York State Code Rules 59 and 60 are workplace safety and loss prevention programs that aim to reduce workers' compensation costs. Code Rule 59 is mandatory, while Code Rule 60 is voluntary.
Code Rule 59 Requirements
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Employers must conduct a safety and loss prevention consultation and evaluation. They must also send a copy of the consultant's report to their insurance carrier and the New York State Department of Labor.
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Penalties
Employers who don't comply with Code Rule 59 face a 5% surcharge on their workers' compensation premiums. The surcharge increases by 5% each year of non-compliance.
Code Rule 60 Requirements
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Goal: To reduce the number and severity of injuries to employees.
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Incentives: Employers who participate in the program may be eligible for premium credits on their workers' compensation insurance.
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Programs: Employers can participate in the Safety Incentive Program, Drug and Alcohol Prevention Program, or Return to Work Program.
Employers in New York must be aware of their responsibilities and expectations under the workplace safety and loss prevention set by the New York State Department of Labor. The mandatory Code Rule 59 and the voluntary Code Rule 60, while distinct, aim to enhance workplace safety and ultimately lower workers’ compensation costs.
Employers with annual payrolls of more than $800,000 and a workers’ compensation experience modification rate (EMR) of 1.20 or more are required to comply with Code Rule 59.
An Experience Modification Rate (EMR) is a measure of a company's workers' compensation history, an EMR above 1.00 indicates a below-industry average safety performance, resulting in higher insurance premiums. Non-compliance can be expensive, as the state imposes a five percent surcharge on the employer's workers' compensation manual program, increasing by an additional five percent for each subsequent year of non-compliance. Employers subject to Code Rule59 are required to adhere to it indefinitely.
Watch this short Video Explaining how we can assist you with Code Rules 59 & 60 Compliance