Post Time Self Insurance

Stemming from the challenges arising from the COVID-19 pandemic, which forced the reduction of live racing, and California's statewide increases in workers compensation costs, Post Time Self Insurance will institute a 10% increase, paid by both owners and trainers, to offset the shortages of the horse industry's workers compensation program covering jockeys and backstretch workers. Owners and trainers fund the majority of program costs via per-stall charges from trainers and race per-start fees from owners. The owners' per-start fee will be raised from $149 to $162, effective Jan. 1, 2021....