N.Y. Workers' Compensation Law § 70: Excess or catastrophe insurance; public group self-insurance plans

§ 70. Excess or catastrophe insurance; public group self-insurance

plans. 1. The committee or administrator, subject to the approval of the

board of supervisors, may on behalf of the plan purchase excess or

catastrophe insurance. The cost of such insurance shall be an

administrative expense of the plan.

2. The committee or administrator, subject to the approval of the

board of supervisors, may on behalf of the plan join a public group

self-insurer established under subdivision three-a of section fifty of

this chapter. Notwithstanding any other provision of this chapter, when

the committee or administrator contracts on behalf of the plan to join a

public group self-insurer:

a. the public group self-insurer, the county and each participant

shall remain liable in the manner provided in the plan for claims made

prior to the date on which the plan joins the public group self-insurer;

and

b. the committee or administrator shall establish, before the plan

joins the public group self-insurer, a method, which may be amended

annually thereafter, by which to apportion among the participants in the

plan the cost of its membership in the public group self-insurer and all

claims made after the date on which the plan joins the public group

self-insurer, and each participant in the plan shall pay its respective

share of the cost to the county treasurer, who shall pay the public

group self-insurer on behalf of all plan participants.