Personal injury discount rate cut may be 'legally flawed' Medical indemnity experts have written to the Lord Chancellor, Liz Truss, expressing concern that her decision to cut the discount rate applied to personal injury claims may be "legally flawed".
Last month, the Lord Chancellor cut the discount rate from 2.5% to -0.75%. Doctors' indemnity organisations immediately expressed concern that the move will increase the size of compensation payments leading to significant new costs for the NHS and a dramatic increase in the cost of indemnifying its members. OnMedica
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