WorkersCompDecodedIndependent guide · New York edition
Reviewed against NYS WCB primary sources · Last reviewed August 2026

The system at scale

New York workers' comp by the numbers

How big is New York's workers' compensation system, how many claims flow through it, and where employer costs are headed? Here are the hard figures — straight from the Workers' Compensation Board's annual report and official state releases.

Claims assembled
2024
165,320
Complete claims indexed by the Board.
Hearings held
2024
239,760
Mostly virtual since 2020.
Employer assessment
rate, 2026
7.0%
Down from 9.2% in 2024.
Avg premium cut
eff. 10/1/2026
~22%
~$1B in employer savings.
Program size
~$9B
Per year, per the WCB.

Claims assembled per year

"Assembled" claims are those the Board has indexed as complete. Volume dipped during 2020 and has since recovered to roughly 165,000 a year. Only about 10% are controverted (formally disputed by the insurer).

Claims assembled & designated complete — NYS WCB 2024 Annual Report
YearTotal assembledControvertedNot controverted
2019179,51215,771163,741
2020138,00916,475121,534
2021146,79816,963129,835
2022159,15917,376141,783
2023167,34617,946149,400
2024165,32016,414148,906

Hearings held per year

Total hearings held — NYS WCB 2024 Annual Report
YearHearings
2020244,197
2021253,627
2022225,862
2023244,458
2024239,760

The Board has held more than 1 million virtual hearings since moving them online. From Feb 2, 2026, testifying witnesses must appear on video.

What it costs employers — and where costs are going

Two different numbers move employer costs: the Board's assessment rate (which funds the system) and the underlying insurance premium rates. Both are falling sharply.

Employer assessment rate

YearRate (% of standard premium)
20249.2%
20257.1%
20267.0%

Set annually by the Board Chair. Assessment rates have fallen about 37.5% since 2021 (per NY DFS).

Insurance premium rates

  • ~22% average cut (21.9% as filed) in workers' comp premium rates, effective October 1, 2026.
  • Over $1 billion in estimated business savings.
  • ~$1,779 average savings per policyholder.

Source: NY Department of Financial Services, July 2026.

Fraud enforcement

The Workers' Compensation Fraud Inspector General pursues fraud by claimants, employers, and medical providers. Recent annual results:

NYS Inspector General — workers' comp fraud reports
Measure20242025
Identified fraud$2.7M$1.9M+
Arrests1422
Restitution / recovered$1.4M+$1.7M+
Complaints received1,4361,520

Which industries file the most claims

Claims assembled in 2024 by industry (top 10 = 85.7% of all claims) — NYS WCB
#Industry (NAICS)Claims
1Health Care & Social Assistance27,919
2Public Administration25,299
3Transportation & Warehousing17,207
4Retail Trade17,098
5Educational Services14,367
6Manufacturing11,768
7Accommodation & Food Services8,907
8Construction8,526
9Administrative & Waste Management5,843
10Wholesale Trade4,788

The Board describes New York as roughly a $9 billion-a-year workers' compensation program (a program-size descriptor, not an audited benefits-paid total).

Sources for this page