NYS enacts Workers’ Compensation Reform addressing classification benefits, requiring updates to guidelines and requiring the Board to adopt a prescription drug formulary.
The 2017-2018 executive budget (Part NNN of Chapter 59, Laws of 2017), enacted effective April 10, 2017, includes meaningful workers’ compensation reforms that generate cost savings for employers while providing better protections for injured workers. The reform legislation also requires updates to medical guidelines that reflect advances in modern medicine and requires the Board to adopt a prescription drug formulary by the end of the year. Click here for an overview of the key pieces of the reform legislation.