The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-08
TO SAVE Big sum ON
COMPENSATION FUND
state Insurance. Will Be Self
supporting After This
Year Ends.
REPORT SHOWS STRIDES

ALBANY. March by placing tho
State insurance fund upon a s%elf-sup-
porting basis and with the general ad-
min%istration expenses paid by the insur-
snce carriers, including the State In
surance fund and self-insurers, tho State
workmen's compensation law can be ad-
ministered after January /, 1916. with
no expense to the State. according to
the report Of the State Compensation
Commission submitted 10 the ISegisla-
ture. The commission adds that such
appropriations as may be required from
the Legislature for the administration
Of the law subsequent to the current
year would he refunded to the state.
The present law provides that tho
Expenses OF the State insurance fund, "
says the report. shall be paid by the
State until January I. 1917. Nj there
after from the State insurance fund it.
self. The commission now recommend
that the subsidy granted by the State
for the state ~sur fund be disoon-
tinued on July I. 1915. the fund thus TO
be put upon a self-supportlng basis eiEh-
teen months prior TO the date established
by the present aw. Upon the monthly
estimate. as made by the Legislature, OF
expenditures for the state fund at
$4,000. this change in the law would
save 3262.o00 to ne State over the
! original plan Of The Legislature
The present law provides for me
assessment Of the expense of the COM
mission IN relation 4 the examination.
determination and payment OF the
claims against the insurance carriers
from and after January /, 1917. Es-
tirnatinS this expense az $4,000 per
month, as provided IN the emergency
appropriation bill now pending IN no
Legislature. an amendment advancing
this date one year would ave 70 tho
State Treasury S432. 600.
Baeksround of h Law.
The background against which the
law Ia operative includes a normal an
nusl payroll of $1,000. 900. 900. moro
than 1900 70 employing Industries and
1000. nno workmen.
The report shows the following
Notices Of injury nled by employers,
1901 3 claims from employees. 22,22l 4.
claims In which initial wards were al
lowed. 1878 claims in which subse-
uuert awards were allowed, 3.Ilc /.
Nv VI hNHFt TtAAa sA'
allowed. asR claims pending, 2.7o7 ,
claims set for hearing. s.31t 'since
January I last practically AL ~ these
s.3i4 claims hav. been sdiustedD.
While more than 10000 workrnen
we're injured from July /. 1914. 20 Janu-
airy I. 1915. only 22.22i claims for com
pensation were made, as the law allows
| compensation only for such injuries a.
result In disability FOR moro than four
I ,.A. - a.I ~. .A,,aA - VAnnrfA "A
INJURIES received prior TO July |. 1914
The State insurance fund began bust.
ness on July /. 1914 Policies in force
on December II. 1914, numbered 7,lls
and the amount OF eerni-annual premi-
ums was Ssa?.5s3S II ia expected
that the total for the hrst year will
reach $1,000. 00n.
Rates IN tho state fund ~ July last
were ST, per cent. less than those ~
stock companies. and on January ware
further reduced. SO that they now ave.
age % per cent below the insurance
compsnies' rates. Dividends have been
allowed ia policy holders on the Arst
six months experieuce, ranging from Is
rer cent. TO so per cent
Advises Caution In amendments.
The report II ,cuSse- PROPOSED amend
m~nts to tic compensation law ard
says
The commission believes that until
the operation Of the present act has
been Thoroughly tested great caution
should he exercised in making amend
uients. The lew now applies to ON
p~luyinsuts m tortv-two groups n could
he more su"cesstulv administered n
mors e~rlploNments were included
A amendment Including employees.
~ tho STATE and nunicip pal corporal ons
should he made effective. as the opinion
of tho AttorUcy.'ieneral has. M To thts
time, cNcludei thorn from tho hen~H,s
OF tho act
While tho commission docs not
recommend direct payments. n urges
that EMPLOYERS and Insurance carricrs
he authorized 10 make advance payments
10 injured employees. or iu case ~
death, 20 dependents. uoh payments 1,
h~ credited unou tho award of COM
pcnsition as made by IN" commission.
IN addition to tho penalty now pre-
S'rihed for "a lure 10 Co'npl, with ser.
lion 80 Of the law. tho commission
recommends that it he made n misdc
meanor for IN employer not to rrovii-
compensation.