National Health Insurance (Cost of Medical Benefit) Act 1924
| Jurisdiction | UK Non-devolved |
| Citation | 1924 c. 10 |
| Year | 1924 |
National Health Insurance (Cost of Medical Benefit) Act, 1924
(14 & 15 Geo. 5.) CHAPTER 10.
An Act to make further provision with respect to the cost of medical benefit and to the expenses of the administration of benefits under the Acts relating to national health insurance, and to amend section twenty-nine of the National Health Insurance Act, 1918, and for purposes connected therewith.
[29th May 1924]
Be it enacted by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
1 Provision as to cost of medical benefit and administration expenses.
(1) There shall, in respect of each year during which this Act continues in force, be paid—
(a ) to insurance committees in England on account of the cost, and the expenses of the administration, of medical benefit, by way of addition to the sums payable under subsection (1) of section seven of the National Health Insurance Act, 1920 , and, subject to such conditions as may be prescribed, a sum at such yearly rate as may be prescribed, but not exceeding two shillings and twopence three farthings per year, in respect of each of the total number of the persons in respect of whom payments are made under the said section seven (in this Act referred to as ‘the total number of persons for the purposes of the said section seven’); and
(b ) to the Minister of Health, on account of the expenses incurred by him in connection with the administration of benefits, a sum at such yearly rate as may be prescribed, but not exceeding three halfpence per year, in respect of each of the total number of persons for the purposes of the said section seven.
(2) Such part of the sums to be paid as aforesaid as is not defrayed in pursuance of section three of the National Health Insurance Act, 1911 , out of moneys provided by Parliament (hereinafter referred to as ‘the balance’) shall in each year be provided as follows, that is to say:—
(a ) there shall be paid by each approved society an amount representing a charge at the rate of seven-ninths of twopence in respect of each of the total number of persons in respect of whom payments are made by the society under the said section seven:
(b ) there shall be paid out of the moneys in the Central Fund representing sums carried to that fund under section twenty-nine of the National Health Insurance Act, 1918 (which provides for the disposal of sums unclaimed in the Stamp Sales Account), as amended by this Act, an amount representing a charge at the rate of seven-ninths of one shilling and eightpence farthing in respect of each of the total number of persons for the purposes of the said section seven:
(c ) the residue of the balance shall be paid out of the sums standing to the credit of the Income...
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