The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-02
PLAN RATE CUT UNDER
COMPENSATION ACT
Commission Takes Step Toward
Lowering Cost Of Insurance
to Employers.
5000 POLICIES ARE TAKEN
Some Persons. Not Understand
ing Law, File Claims for
Injuries Before July /.

When the new workmen's compensation
law went into effect yesterday the Work.
mems Compensation Commission was In
executive conference in the commissions
rooms. Madison avenue This confer
ence did not end until tho night Waterman
closed the building early yesterday morn
Ing. The most important action was what
amounted to putting the present rate OF in
surance premium on a temporary basis ant't
empowering the actuarial department to-
make further investigation toward low
ering the rate.
II the department reports by August
that the estimated rate can be lowered
those employers who have placed their
Insurance with the State fund shall have
the difference between the new rate and
the present temporary one refunded or
placed to their credit. Both Commissioners
Mitchell and Commissioner Darlington
said yesterday that they felt SURF that re-
auctions could be made
In every department OF the commission.
which occupies several floors Of the Met
ropOlitan Tower. II was said yesterday
that the machinery of the new law was
working smoothly. The department for
receiving securities OF those companies
WnlNH uPslTe u lTtuTS NnelT own em>
ployees reported that about $4,000, 900 In
State and municipal bonds had been de.
posted by such concerns. These seoul
rifles are held as guarantees Of the par
ment of insurance liabilities.
Transit Lines TO Insure own Men.
Among the 200 or more concerns that
have signifed their intention of insuring
their own men are the American Locomo-
Ia.
sit Company and the Interborough Rapid
Transit Company
Up to closing time yesterday 5000 poll
Giles had been taken out in the State
Insurance Fund The premiums due on
these policies amount to about $1,000. 900.
The companies taking out these policies
have ten days to pay their premiums.
Commissioner John Mitchell said that
his estimate was that 1000, 900 or less
workmen would be affected by tho new
law and that the estimate OF accidents
was about 10000 "A year. with about
10000 workmen who lose two weeks or
more by reason of accident.
At the bureau OF claims II was said
that the law stpulates that an injury
to be compensatable must have occurred
after midnight on June 30 and no claim
on account OF injuries prior to that time
would he considered. There were a few
telephone messages yesterday notifying
the bureau of accidents and also letters
from thrifty souls who were hurt some
time ago. but who were under the or
roneous impression that n they waited
until after July they might ne claim
for compensation.
Explains Way TO File Claims.
Daniel A. Golden, chief OF the bureau
OF claims. gave out statement explain
ing the method OF filing claims, in which
he said that blanks had been sent out
for use In reporting accidents.
"As soon as notice OF injury is re-
ceived," he said, the bureau OF claim,
will determine whether the injured work
man was injured In the course of his
employment and whether his employment
was one which comes under the operation
of the compensation law and the probable
duration OF his injury
IF IL appears that his injury win last
for period longer than two weeks ne
will he supplied with n blank to he NIL
out by his physician indicating the nY.
ture and extent OF his injury and slso's
blank upon which to make his claim for
compensation.
Upon receipt OF the claim for com
pensatlon his case will be set for a hear
ing and those interested In his case, such
as his employer. his employers insurance
carrier and the injured workman himself,
will be notified of the date upon which
die hearing win be held. They may la
represented by counsel or they need not
appear at ALL but their failure TO appear
will be taken as an indication by the
commission that there Is no objection 10
the manner In which the commission has
indicated that II will dispose of the claim
I'm tho case of deaths some additional
proof win be required and an investiga-
ton will be made by a representative Of
the bureau in person.
Immediately upon the granting Of an
award Il check will be sent to the injured
workman. There will be no delay in this
All payments of compensation extending
over a long period will be made BIZ
weekly: for instance, In tho case OF man
who has lost a leg, or arm, or foot, or =.
hand"