New York Prepares to Close Second Injury Fund

New York Prepares to Close Second Injury Fund

As of 07/01/07, the self-insured employers and the carriers in New York can no longer file claims for reimbursement with the Special Funds Conservation Committee under Section 15-8. In other words, for claims with dates of accident or dates of disablement of 07/01/07...
New York Prepares to Close Second Injury Fund

Second Injury Fund in North Carolina Still Active

In North Carolina, the Industrial Commission disburses moneys from the Second Injury Fund. In order to qualify for compensation for a second injury, the original and the subsequent injury must be at least twenty percent (20%) of the entire body, and, the additional...
New York Prepares to Close Second Injury Fund

Types of Second-Injury Funds

The two major types of second-injury funds are reimbursement funds and take-over funds. In both of these situations, the employer/insurer can reduce liability when the fund becomes liable. States, such as Georgia and New York, which have reimbursement funds which...
New York Prepares to Close Second Injury Fund

Thoughts On The SITF

With the Georgia legislature now back in session, it makes me consider the fate of the SITF and its impending sunset.  While it does not appear that the legislature will consider any new measures for the SITF in this session, I would certainly wish somehow that they...
New York Prepares to Close Second Injury Fund

Unprecedented growth Contributes to Closing of Georgia SITF

The unprecedented growth of the Georgia SITF over the past few years reportedly indicates growth of a substantial unfunded liability. These ever-rising liabilities, coupled with incentives to submit cases into the Fund and increasing assessments, have been a recipe...
New York Prepares to Close Second Injury Fund

Are expenses incurred prior to 2003 reimbursable?

The 2003 amendment to O.C.G.A. § 34-9-203, effective July 1, 2003, added paragraph (c)(4), imposing a one year limitation period on the filing of reimbursement claims. While this amendment imposed a one year filing limitation on all of the employee’s medical...