The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1917-02-16
COMPENSATE BOARD
EXPENDS $4,000
Law Giving Satisfaction and No
Appeals Have Been Made
From Rulings

The actual aCclUenC CUSt ulucT pan
two during the time the compensation
law has been in operation has been
under one-half of n per cent, which
would indicate insurance companies
might reasonably be expected to make
quite a reduction in their premium
rates, says the state industrial acct
bent board in a report to Governor
S. v. Stewart reviewing the operation
of the act. Incidentally, the report
points out the total cost of admins
tration has been $4,000, compared
with 100000 in Nevada for the past
two years, 100000 in Oregon, $4,000
in Washington and $4,000 in Cali
fornia.
During the 10 months the law has
been in effect 1893 employers have
enrolled under the act, bringing with
them 56,434 employees. There has
been paid out in compensation, medi-
cal and hospital fees S5O5,56s.s1, dis
tributed among 2,6O4 employees. Pend
ing claims aggregate 100000.
"The total number of accidents re-
ported up to Jan. 81" states the re-
port, "amounts to 11,465, of which
215 were fatal; II permanently to-
tally disabled; 1914 permanently par
TALLY disabled, of which number 1904
received compensation and SAL re-
turned to work before the expiration
of the two weeks waiting period and
as a consequence were only furnished
the medical and hospital attention
provided by the act.
Plan Number One
"Of the 1893 employers operating
under the law, SO qualified under plan
number one to carry their WI risk
and pay compensation direct to their
injured employees. They brought with
them under the act 32,9O3 employees
las reported for year 1915, 10Y fully
a third more), and have paid out in
compensation of all kinds, including
pending cases, $451, 573.74, which,
computed on the reported annual pay
roll (year 1915, now fully double), of
$31,258,298, or $49, 492, $40 for the 10
months, indicates an accident cost of
less than one per cent. If computed
on the actual payroll for the past 10
months, it would show a cost of less
than one-half of one per cent, which,
in addition to indicating very cheap
insurance, also evidences the crafty
ing fact of a low accident record.
Plan Number Two
"Under plan number two of the act,
which provides for insurance COM
panies carrying the risk, nearly 1900
employers elected to operate, but as
several of these were unable to quail
fly for admission under plan two of
the act, account their occupation be-
ing non-hazardous, and also as many
have withdrawn, the record shows to-
day that 1917 employers are operat-
ing under that plan, reporting 5000
employees, who, through 10 different
companies, paid out in compensation,
including pending claims, $123, 1856. SO,
which, computed on the reported an
nual payroll (year 1879, of $11,193,-
8O2, or $17,733,523 for the 10 months,
indicates an actual accident cost of
less than three-fourths of one per
cent of the payroll and, if computed
upon the act al payroll in existence,
would likely be under one-half of
one per cent, which would indicate
that the insu rance companies writing
compensation risks, might reasonably
be expected to make quite a reduction
in their present premium rates.
Plan Number Three
"Plan three of the act, called
estate insurance." Was selected by
622 employers, with 1925 employees.
In behalf Of these employers the state
has paid out in compensation Of all
kinds, ~$20,1SS.21. The pending claims
will aggregate about $4,000, making