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Wednesday, 4 March 1970

The Government supports the Nimmo Committee's view that the adoption of standard forms of accounting by health insurance funds is desirable, in order that the activities of the funds may be better compared and so that areas where economies are possible may be identified. The Government has also, decided to adopt the other aspect of recommendation 36, namely, that funds be required to publish annual accounts in greater detail. Legislation will also be introduced to provide for each fund's financial experience to be tabled in Parliament each year by the Minister for Health, within a period of 12 months after the end of the fund's financial year.







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