to show that for each dollar spent for
Medical, Compensation, and Perman
ent Partial Losses on accident cases,
there is a definite hidden cost of
“four” dollars. (This hidden cost con
sists of the time spent by Supervisors
in assisting with the handling of the
injured person, investigating the ac
cident, and seeing that the injured
person is replaced on the job; the loss
of production not only on the job the
person was working on, but on other
surrounding jobs where employees
will naturally stop, look, and listen;
the cost of medical supplies, the serv
ices of the doctor and nurses, and
transportation, which are never in^
eluded in the direct costs; the time
spent by the Safety Department in in-
vestigating and trying to eliminai^
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riod.—^^^^^^^^ tn^Bffihg iri arid f iling^oT ail li^c^y^af}
For a p'enod^of 25 years^ the NationaT^reports as required^ndier the^orE^
Safety Council as well as all Insur- men’s Compensation Act and the In
ance Carriers, have compiled statistics surance Carrier; the damage to equip
In industry as in our homes, the re
duction of OPERATING or OVER
HEAD EXPENSES will always in
sure us of greater savings. This is es
pecially true when applied to the cost
of ACCIDENT CASES, as you will
surely agree when you have finished
reading this article.
It is alarming to know that since the
plant started operations in September
1939, our accident cases have actual
ly involved the direct expenditure of
$75,000. (this includes all Medical,
Compensation, and payments for Per
manent Partial Losses).
As alarming as this may seem, it is
even more startling to know that this
$75,000 represents only ONE-FIFTH
of the total costs connected with our