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Sign up freeThe Labor Advocate
Providence, Providence County, Rhode Island
What is this article about?
The recent British insurance act allocates one penny per insured person from parliamentary funds to insurance commissioners for medical research, totaling $285,000 annually, mainly to fight tuberculosis but extendable to other diseases.
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Full Text
By the recent British insurance act it is provided that one penny for each insured person, payable out of the moneys provided by parliament, may be retained by the insurance commissioners to be applied for the purpose of research, and the total sum thus available will at present amount to $285,000 per annum. While the main concern of this part of the act is to combat tuberculosis, the commissioners have been advised that the money may properly be applied to research in connection with any disease which may affect insured persons.
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Where did it happen?
Foreign News Details
Primary Location
Britain
Event Date
Recent
Outcome
$285,000 per annum available for research
Event Details
By the recent British insurance act, one penny per insured person from parliamentary funds is retained by insurance commissioners for research, primarily to combat tuberculosis but applicable to any disease affecting insured persons.