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Wednesday, 4 March 1970

Recommendations 29, 30 and 31 of the Nimmo Committee relate to the management expenses of health insurance funds. While it should be stressed that many funds operate at very low and entirely acceptable expense rates, the Government accepts the Committee's finding that there have been some practices of a wasteful character, particularly those arising out of the undesirable competitive activities between some major 'open' funds - that is, those in which membership is open to the general public.

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