Statistical manual

Report of the Royal Commission on National Health Insurance

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Monograph

Identifikator:: 1831009897

URN:: urn:nbn:de:zbw-retromon-222160

Document type:: Monograph

Title:: Statistical manual

Place of publication:: New York

Publisher:: New York Real Estate Securities Exchange

Year of publication:: [1930]

Scope:: 123 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Lord's Court Building (New York City)

Collection:: Economics Books

MAJORITY REPORT. 285 after the date of transfer; and that the transfer value should continue as at present to represent the liability in respect of normal benefits only. (para. 585.) (77) That in order to provide a safeguard against the risk of excessive transfers to any Society in consequence of the pre- ceding recommendation, the Minister should be given power to suspend the right of any Society to accept members by way of transfer if the membership of the Society has been increased in this way since the date of the last valuation by more than a prescribed proportion. (para. 587.) (78) That in the case of transfers between branches of the same Society the branch to which a member transfers should be given the option of allowing him to participate in all additional benefits immediately. (para. 588.) (79) That Section 75 (1) (a) of the Act should be amended so as to provide that where the valuer certifies that a substantial part of the surplus of a Society has accrued in respect of mem- bers who have ceased, or are likely to cease shortly to be insured as employed contributors by reason of passing over the income limit, the scheme of additional benefits may, subject to the approval of the Minister, provide for an extension of the period during which additional benefits, other than cash benefits, may be allowed after membership has ceased to persons who are at the valuation date, or within a period prescribed by the scheme have been, members of the Society. (para. 590.) (80) That Section 75 (4) should be amended so as to provide that the conditions under which persons should be entitled to participate in additional benefits shall be as prescribed. (para. 579.) (81) That provision should be included in Section 75 of the Act which will limit the period of currency of additional benefit schemes to such period as may be fixed by the Minister. (para. S571) (82) That Section 75 (2) should be amplified so as to provide that all schemes of additional benefits shall be subject to Regu- lations in force at the time, and that the Minister should have power to make and amend these Regulations as and when Necessary. (para. 576.) (83) That Section 75 should be amplified so as to provide that the Treasury Valuer, in certifying what part of a realised surplus is disposable, shall have regard to the desirability of main- taining the additional benefits available out of that surplus beyond the period of currency of the scheme. (para. 574.) (84) That it is not desirable to lay down any statutory limit to the extent to which a Society may provide out of its surplus an increase of cash benefits, but that the question of the dis- posal of a surplus on a reasonable basis should be determined

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