PRESS RELEASE
For immediate release: Thursday, 7 September 2017
UK-wide medical defence organisation MDDUS welcomes today’s announcement from the Lord Chancellor setting out proposals to change the way in which the personal injury discount rate is calculated.
Commenting on David Lidington’s proposed legislation to calculate the discount rate applied to personal injury claims within the range of 0% to 1%, MDDUS chief executive Chris Kenny said:
“We have been in the forefront of the debate to put some rationality into the system and welcome today’s long-awaited announcement from the Lord Chancellor.
“However, this announcement merely underlines how short-sighted it was to reset the rate without resolving the wider issues.
“We look forward to studying the details of the proposals and will continue to explore the implications to ensure a better, fairer and more affordable deal for our members.”
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For further information contact Richard Hendry on 0333 0434444 or 07976 272266, or email rihendry@mddus.com.
Note to editors
MDDUS (The Medical and Dental Defence Union of Scotland) is a medical and dental defence organisation providing access to professional indemnity and expert medico- and dento-legal advice for doctors, dentists and other healthcare professionals throughout the UK.
This page was correct at the time of publication. Any guidance is intended as general guidance for members only. If you are a member and need specific advice relating to your own circumstances, please contact one of our advisers.