NYRA, New York Horsemen Collaborate On Insurance Credit Program To Offset Cost Of Racing At Aqueduct

The New York Racing Association and New York Thoroughbred Horsemen's Association are collaborating on a program to provide a $300 per Aqueduct starter credit to connections' accounts with the New York Jockey Injury Compensation Fund, according to a report from the Daily Racing Form.

NYRA officials hope the move will increase field size, as the credit will be available both to on-site horses and those shipping into Aqueduct.

Owners will earn at least $300 for horses who finish sixth through last, and trainers will get a $300 credit for horses who finish fourth through last place.

NYTHA President Rick Violette noted the expense of worker's compensation insurance for jockeys and exercise riders is constantly increasing, though the credit program is a “short-term” solution to the problem.

The Paulick Report reported earlier this year on the challenges associated with a costly workers' compensation system, as well as the expense to workers when such insurance is not kept current.

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Staff