Uk National Insurance Act 1911
UK National Insurance Act 1911
The National Insurance Act 1911 created National Insurance - originally a system of health insurance for industrial workers in Great Britain based on contributions from employers, the government, and the workers themselves. It was one of the foundations of the modern welfare state.
Funds for providing the benefits conferred by the National Insurance Act 1911 were to be derived from contributions made by the insured person, their employer, and grants made from moneys voted by Parliament. That element of the contribution which comprised the amounts paid by the employee and employer was payable weekly and collection was normally arranged by the novel expediency of selling "insurance stamps", through the agency of the Post Office, to the employer, who deducted the employee's contribution from his wages. The stamps were then affixed to contribution cards which became records of continuing participation and entitlement in the schemes.