News

Lawmaker: Debt may sink some health care providers

ALBANY, N.Y. (AP) — A New York lawmaker says thousands of health care providers could be without jobs if the state Workers Compensation Board doesn’t step in to help with problems stemming from a 2009 bankruptcy.

Queens Sen. Tony Avella, chair of the social services committee, is asking the board on Thursday for a six-month extension for companies that employ the workers to come up with a way to pay $188 million in debt from the Health Care Providers Self Insurance Trust bankruptcy.

Avella says the trust was created to help the companies lower the cost of their worker compensation coverage. After it folded, trust members were liable for repaying the debt, which many cannot afford.

In a letter to the board, the Democrat says the debt will cause members to file for bankruptcy or face lawsuits.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Recent Headlines

in Music

Nikki Sixx swears off Motley Crue songs after retirement

nikkis

The rocker says once the band calls it quits you won't hear him perform any of their hits.

in Music

The Who postpone concerts over Daltrey’s health concerns

rogerdaltrey

Roger Daltrey's doctors have told him he needs to postpone upcoming shows to rest his vocal chords.

in Viral Videos

WATCH: ‘Star Wars’ LEGO Super Star Destroyer shattered

18-overlay

It took $800 and 16 hours to build this epic "Star Wars" set ... and only a few seconds to smash it.

in Music

Phil Rudd pens letter to AC/DC bandmates

15-overlay

The former drummer - left out of the band's 2015 tour - has broken his silence for the first since being convicted of drug and threat charges.

in Viral Videos

Jimmy Fallon & Jack Black remake ‘More Than Words’

23-overlay1

The 1990 ballad by Extreme gets a shot-by-shot tribute and it's scarily accurate.