THE INSURANCE ACT.

Hawera & Normanby Star, Volume XLVI, Issue XLVI, 16 March 1914, Page 8

THE INSURANCE ACT.

A REPORT ON ITS WORKING

«T OABUA—PREBB ASSOCIATION—COPYBICJH1?

(Received March 16, 12.30 p.m.) LONDON, March 15. ! The Fabian Research Committee, after careful investigation of the working of the Insurance Act, reports that, there is reason to fear that practically! all societies having a large 'proportion of women have exceeded the estimates of sick benefits by from 25 to 100 per cent.

The committee believes the first year's claims exceed the actuaries' estimates by nearly a million sterling. Sanatorium benefits are backward, but the gravest feature is that millions of families below the pound a week level are practically always ill, and the Act extracts a. loaf of bread weekly from bare, euaboards, thus starving; them further, into illness.