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Are You Paying NYS Disability Quarterly, Based On Your Actual Payroll?
We found that many companies are paying NYS Disability (“DBL”) for the entire year, in advance. They are guessing what their payroll is for the year and making a full payment to the insurance company. This drains your cash flow and subjects your company to lots of paperwork, calculations and an audit at the end of every year.
Baron Prepares Your Quarterly Disability Report For Free
Let Baron set your company up to pay quarterly, at the end of each quarter, based on your actual payroll. We will calculate your premiums for you based on your actual payroll for each quarter. Baron will prepare your quarterly reports for you for FREE if we are the broker of record for your DBL policy. We can do this because the insurance company pays Baron, so you don’t have to.
NYS Requires That All New York State Employers Provide DBL Coverage.
Below are the benefits your employees receive:
Maximum Benefit Paid - 50% of weekly wages up to $170.
Waiting Period - weekly benefits will be payable on the 8th consecutive day of disability due to a non-occupational injury or sickness.
Benefit Duration - 26 weeks.
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