Document 4E1gJvoRGLjRK3edYZvEj0wV
4r>C.
COPY FROM
JOHN T. CANTLON & ASSOCIATES, INC
CONSULTING ACTUARIES 40 W. THIRD AVE.
COLUMBUS I. OHIO AXminster 4-4689
PLAINTIFF'S EXHIBIT
|I U0-aS3
October 2u, 1962
Mr. L. A. Pechstein, Assistant Secretary The Philip Carey Manufacturing Company Lockland, Cincinnati IS, Ohio
Dear Mr. Pechstein:
Claim CO 120032 - Roosevelt Cross Asbestosis - June 22, 1962
At the hearing on October S, 1962, this claiu was allowed for permanent one total disability cue to asbestosis. Com pensation was awarded at the maximum rate oc $49.00 a week to begin June 23,-1962 and continue during the remainder of the claimant's life.
The cloiarnt had vurked for your connany .about 13
years, during the last IS of which he was employed at work which would
expose him to asbestos dust.
~
Before t claim cf this type is allowed, the Bureau is required to have the claimant examined by an appropriate specialist. Ve assume that this was dons and that the expert medical examination and opinion resulted in a diagnosis of asbestosis, causing permanent and total disability.
This claim win affect your coacany's experience for the next five years and initially will be charged at a cost of approx imately $16,003.00.
If medical expenses are high, or if a death claim re sults during the five-year period, the charge against this claim could reach the maximum of $2S,000.00.
The additional premium that will be paid because of this claim during the next five years will, therefore, range from $20,000.00 to $30,000.00.
Yours very truly.
INC.
JTC/rmf
v/s
Cc to Mr. R. J. Loekland,