Author : Workman's Compensation Publicity Bureau
Publisher : Forgotten Books
ISBN 13 : 9781397178251
Total Pages : 22 pages
Book Rating : 4.1/5 (782 download)
Book Synopsis A Resumé of the Arguments Against State Insurance (Classic Reprint) by : Workman's Compensation Publicity Bureau
Download or read book A Resumé of the Arguments Against State Insurance (Classic Reprint) written by Workman's Compensation Publicity Bureau and published by Forgotten Books. This book was released on 2018-11-07 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from A Resumé of the Arguments Against State Insurance Where insurance is merely state-managed, as in Ohio. Washington, Oregon, Nevada and West Virginia, the state guarantees nothing and the fund alone is liable. If then a deficiency occur, where is the money to come from to pay the continuing pensions upon previous awards? Either the employers are liableto further assessments to make good the deficiency or they are not. In the latter alternative the workmen are without security for their awards, but are dependent for relief upon the contingency of charitable appropriations by the state. In the former alternative employers do not receive indemnity in return for their premiums, but remain subject to a contingent liability for further unlimited assessments to meet deficiencies. And with the extreme probability of heavy deficiencies under state-managed insurance - a probability startlingly confirmed in the very first year's experience under the Washington law this liability is extremely dangerous. It should be noted also that this plan does not secure all the injured work men, unless the state either assumes itself or imposes upon the fund the liability to pay compensation to workmen regardless of whether or not their employers have paid their premiums. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
