Abstract
The so-called Multi-Split Experience Rating Plan for workmen's compensation risks has been in effect in the State of New York since July 1, 1941. The chief purpose of this paper is not to outline the features of the plan itself, which was ably done in Mr. Smick's paper entitled "Merit Rating--The Proposed Multi-Split Experience Rating Plan" (P.C.A.S. XXVI, p. 84), but rather to show how it operates in this state and to discuss some of the problems presented by its introduction.
Volume
XXVIII
Page
15-36
Year
1941
Categories
Actuarial Applications and Methodologies
Ratemaking
Experience Rating
Actuarial Applications and Methodologies
Ratemaking
Retrospective Rating
Financial and Statistical Methods
Risk Pricing and Risk Evaluation Models
State-Pricing Methods
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society