§ 85. Mr. SMEDLEY CROOKEasked the Minister of Health the amount of surplus on the National Health Insurance scheme at the end of the last financial year; and what amount, approximately, was derived from interest on the amount of the surplus?
§ Sir K. WOODThe National Health Insurance scheme is not financed on the basis of a single fund and the surplus is, in the main, the aggregation of the surpluses of over 8,000 approved societies and branches. These surpluses are ascertained by quinquennial valuations, the results of which are summarised in the Report of the Government Actuary. I am sending my hon. Friend a copy of the last of such Reports (Cmd. 2785), dated 25th November, 1926, from which he will see (paragraph 20) that the total surpluses amounted to £42,413,319, from which amounts totalling £26,619,161 (paragraph 36) were certified for distribution in additional benefits in the ensuing quinquennium.