New York Codes, Rules and Regulations
Title 12 - DEPARTMENT OF LABOR
Chapter V - Workers' Compensation
Subchapter H - Disability Benefits
Article 1 - Regulations Under Disability Benefits Law
Part 361 - Self-insurance Regulations
Section 361.5 - Proof of ability to process claims
Universal Citation: 12 NY Comp Codes Rules and Regs ยง 361.5
Current through Register Vol. 46, No. 12, March 20, 2024
Each applicant shall submit proof satisfactory to the chair that adequate provision has been made by the applicant to comply with the obligation to pay benefits, and upon request, shall satisfy the Chair that such provision is kept effective. The use of third-party administrators is restricted to those third-party administrators that are licensed by the Workers' Compensation Board.
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