Merit Rating - The Proposed Multi-Split Experience Rating Plan and thePresent Experience Rating Plan

The title of this paper and the paper itself are perhaps longer than they should be. The original purpose was to bring before the Society and those interested in the subject of merit rating the plan generally known as the "Multi-Split Rating Plan" ; but as the multi-split plan was designed to replace the present plan and as the final decision as to its adoption is still being considered, both plans must be presented and discussed. In the course of the discussion it will be necessary to criticize the present plan. This procedure may resemble that of setting up a dummy opponent and then knocking him over. If so, there would be only an element of justice for thus far the multi-split plan has been on the receiving end. A proper appraisal of the proposed plan can hardly be made without discussing the plan it is intended to supplant. Simply to explain the proposed plan, showing its logic and operation, does not seem to be sufficient.