A Statistical Analysis of the Benefit Provisions of the Compensation Acts

Abstract
At the present time in the United States, legislation providing compensation benefits for industrial injury or death exists in all but three states.* Introduced at first in a few states and with modest benefits, workmen's compensation has developed both in its coverage and benefit provisions, until it covers practically all employees, and provides benefits which are often many times greater than those allowed in the early laws. While this particular system of social insurance has thus developed, it has not been accompanied in its development by any other similar systems, although the air is rife with discussions of, and proposals for, various social security programs, to provide against the other vicissitudes of life, which may eventually be incorporated in the social framework.
Volume
XXI
Page
257-290
Year
1935
Categories
Actuarial Applications and Methodologies
Regulation and Law
Insurance Law
Actuarial Applications and Methodologies
Ratemaking
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society
Authors
J J Smick