First, Medibank commenced on 1 july 1975 by the newly elected Whitlam Labour Government after passing of the Medibank legislation by a joint sitting of Parliament on 7 july 1974.The purpose of Medibank was to provide the most equitable and effecient means of providing health insurance coverage for all Australians.A taxpayer levy of 1.35 per cent cost on taxable income was proposed by original legeslation which was later rejected by the Senate.Benefits for public hospitals were provided through hospitals agreements with state governments,under which the federal government
First, Medibank commenced on 1 july 1975 by the newly elected Whitlam Labour Government after passing of the Medibank legislation by a joint sitting of Parliament on 7 july 1974.The purpose of Medibank was to provide the most equitable and effecient means of providing health insurance coverage for all Australians.A taxpayer levy of 1.35 per cent cost on taxable income was proposed by original legeslation which was later rejected by the Senate.Benefits for public hospitals were provided through hospitals agreements with state governments,under which the federal government