Schedule Rating of Permanent Injuries

Abstract
A proper method for rating permanent disabilities adds much to the efficiency ok a workmen's compensation act, for while the number of permanent disabilities is comparatively small, the effect of accidents of this character upon the working population is most important. The permanent disability accident is responsible for the creation of a class of permanently maimed and crippled workers, who suffer a decrease in earning power by reason of the loss of a function or a part of the body. The proper treatment of these accidents to insure an adequate amount of compensation which will prevent the worker from becoming a public charge, and at the same time leave a just share of the burden to be borne by the worker himself, is the problem of the workmen's compensation expert.
Volume
II
Page
257-274
Year
1915
Categories
Actuarial Applications and Methodologies
Ratemaking
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society
Authors
Gustav F Michelbacher