New York Laws
Article 34 - Insurance Contracts-Property/casualty
3443 - Workers' Compensation and Employers' Liability Insurance; Optional Policyholder Deductibles.

(a) claimants' rights are properly protected and claimants' benefits
are paid without regard to any such deductible;
(b) appropriate premium reductions reflect the type and level of any
deductible approved by the superintendent and selected by the
policyholder;
(c) premium reductions for deductibles are determined before
application of any experience modification, premium surcharge, or
premium discount;
(d) recognition is given to policyholder characteristics, including
size, financial capabilities, nature of activities, and number of
employees;
(e) if the policyholder selects a deductible, the policyholder is
liable to the insurer for the deductible amount in regard to benefits
paid for compensable claims;
(f) the insurer pays all of the deductible amount, applicable to a
compensable claim, to the person or provider entitled to benefits and
then seeks reimbursement from the policyholder for the applicable
deductible amount; and
(g) failure to reimburse deductible amounts by the policyholder to the
insurer is treated under the policy in the same manner as nonpayment of
premiums.

Structure New York Laws