Skip to Content

Workers’ Compensation Board

Self Insurance - Workers' Compensation


Group Self Insurance - Workers' Compensation

The New York State Legislature amended the Workers' Compensation Law on March 31, 2011 which enacted significant changes to the existing group self-insurance program. Governor Cuomo signed the bill into law on April 1, 2011 as Chapter 57 of the Laws of 2011.

The changes to the Law repeals the current provisions of the Law authorizing group self-insured trusts and replaces them with a new program that allows only the most financially stable group trusts to continue to offer coverage. Any existing group that met the new criteria had to reapply and qualify under these new provisions.

These changes became effective January 1, 2012.

Groups that met the minimum qualifications outlined under the new legislation were allowed to continue to offer coverage provided they met and continue to meet the new provisions of the Law, including security deposit posting requirements outlined therein.

Groups that did not meet the new criteria were terminated effective December 31, 2011 and their members had to provide alternate coverage for their employees.

The current program, called the Self-Insured Group (SIG) Program is limited to the groups that met the new provisions and chose to continue their program under the amended Law. In accordance with the amended Law, no new employer groups can be approved to self-insure.

Opportunities for membership in an existing SIG are further limited to the homogeneity requirements of the current Self-Insured Groups.

For information regarding active groups, please access the group status report.