NATIONAL HEALTH
FRIENDLY SOCIETIES IN
BRITAIN.
OUTSTANDING PROGRESS DUR- ; IN.G YEAR,
(British Official Wireless) • RUGBY, Dec. 31. In spite of the industrial depression, friendly societies havo made progress, both numerically and financially, during the . current year. Wheri national health insurance was brought into existence it was generally believed that friendly societies were doomed , instead of which they are to-day much stronger in Membership and have nearly doubled . their cash reserves in the 18 years • they have had to meet competition. This is largely due to the. fact that the societies, by a careful husbanding of' eheir resources, are able to offer larger ■ benefits to insured members.' ' There are now about ,10,000,000 wojkers making independent insurance against illness and disablement, and their aggregate" reserves are about £100,000,000. Their payments for sickness, and for a benefits made a grand ' total of .about £7,000,000 during 1930.
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Bibliographic details
Gisborne Times, Volume LXXII, Issue 11404, 3 January 1931, Page 6
Word Count
143NATIONAL HEALTH Gisborne Times, Volume LXXII, Issue 11404, 3 January 1931, Page 6
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