Health Insurance – Foundation of the Modern Welfare State
The National Insurance Act 1911 in the UK introduced the scheme of health insurance. It involved a tripartite structure, in which contributions for each insured person came from the insured person, the employer, and the state.
This health insurance scheme was administered through “approved societies” (friendly societies, trade unions and commercial insurance companies).
This is the humble beginning of Health Insurance…it was one of the foundations of the modern welfare state.
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