170 The Stock Market Crash—dAnd After
of 600 industrial workers taking periodic health
examinations through a series of years, shows that
by the time of the third annual examination there
was a reduction by sixty-one per cent in the initial
disabilities of the group.
Employers are finding today that their profits
depend upon the productivity of their employees,
and this, in turn, depends on the health and attitude
of employees toward their employers.
Group Insurance
Group insurance is the means by which health
care in industry is being rapidly extended. This
plan has grown amazingly since its beginning in
1914, until by the middle of 1928, some $7,800,000,~
000 of such insurance, covering 6,500,000 workers,
was being carried by nearly 25,000 employers in all
lines of industry. Some notion of the savings effected
through such group insurance, together with the
sickness prevention method it entails, is given by
Doctor Quinby, of the Hood Rubber Company, who
shows that in twelve plants which lack the health
service, the cases of sickness and non-industrial acci-
dents causing absences of over two days were 523
per thousand, against 342 per thousand in his own
plant, which included the health service. Doctor
Quinby’s testimony is especially competent, because
it is backed by six years of well-organized work in
sickness prevention.
Owen D. Young, Chairman of the General Elec-