A Young Man's Benefit: The Independent Order of Odd Fellows and Sickness Insurance in the United States and Canada, 1860-1929 Volume 7 (Hardcover) (ISBN-13: 9780773518247)

Using cliometric methods and records from six grand-lodge archives, A Young Man's Benefit rejects the conventional wisdom about friendly societies and sickness insurance, arguing that IOOF lodges were financially sound institutions, were more efficient than commercial insurers, and met a market demand headed by young men who lacked alternatives to market insurance, not older men who had an above-average risk of sickness disability. Emery and Emery show that many young men joined the Odd Fellows for sickness insurance and quit the society once self-insurance - savings - or family insurance - secondary incomes from older children - made it feasible for them. The older men, who valued the social benefits of membership and did not need the sick benefit, gradually became a majority and dismantled the IOOF's insurance provisions.

Author: George Emery,Herbert Emery
ISBN-10: 077351824X
ISBN-13: 9780773518247
Publisher: McGill-Queen's University Press
Language: English
Published: 03/10/1999
Pages: 208
Format: Hardcover
Weight: 1.00lbs
Size: 9.10h x 6.10w x 0.90d