The Experience Rating Plan as Applied to Workmen's CompensationRisks [Discussion of Paper]

It is perhaps early to review Mr. Kormes' paper before both parts have been presented, but the following discussion is directed to the history of the experience rating plan as applied to workmen's compensation risks, which is included in the first part. Mr. Kormes has presented a comprehensive paper on a subject rather neglected in the Proceedings. It was to be desired that someone well acquainted with the theory and practice of experience rating, as is Mr. Kormes, should present such a paper. The history of experience rating plans in compensation is almost exactly coextensive with the history of this Society and members had a very large part in molding the plans from their beginnings to the comparatively stable forms of the present. Nevertheless, a complete story of the development or indeed a statement of the status at any one time in all rating jurisdictions cannot be gleaned from the Proceedings, if we except May, 1916, when Mr. Woodward outlined the status in a paper on experience rating.