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Thursday, 8 December 1960

Mr LUCHETTI (MACQUARIE, NEW SOUTH WALES) - Has the Minister for Health seen a statement which was published by the Medical Benefits Fund of Australia Limited which reveals that it has assets exceeding £2,700,000 and a claims reserve of £2,706,300? Will the Minister institute an investigation into the operations of all organizations that are registered under Commonwealth legislation to ascertain administrative costs, reserves and other assets to ensure that the insured receive benefits more in keeping with their contributions?

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