State Insurance Fund
Insurance Claim Payment
Activities The State Insurance Fund provides workers' compensation and
disability benefit insurance coverage to about 45 percent of the employers in New York State.
On a daily basis, the Comptroller's on-site audit staff examine insurance claims processed by
the Fund. During the period January 1, 1996 though June 30, 1996, the Fund processed more
than 1.1 million payments totaling $926 million. We audited more than 17,000 payments
totaling $178 million. Our audits prevented overpayments totaling $1,422,763 and
underpayments totaling $6,043.