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169050
registered interest false more like this
date less than 2014-12-09more like thismore than 2014-12-09
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions remove filter
answering dept sort name Work and Pensions more like this
hansard heading Mesothelioma: Compensation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Work and Pensions, with reference to the letter from the Minister for Welfare Reform to the hon. Member for Na h-Eileanan an Iar dated 3 November 2014 regarding the payment of funds to people with mesothelioma, by what process he decided what costs to insurers of compensating those people were fair and appropriate. more like this
tabling member constituency Na h-Eileanan an Iar remove filter
tabling member printed
Mr Angus Brendan MacNeil more like this
uin 217982 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-01-16more like thismore than 2015-01-16
answer text <p /> <p>The Mesothelioma Act 2014 currently allows a levy to be applied to the insurance industry to fund a payment scheme for those affected by the failure of the employers’ liability insurance market to maintain adequate records.</p><p> </p><p>Given that the insurers who are paying the levy to fund the Diffuse Mesothelioma Payment Scheme are not necessarily the same ones who took the premiums that paid for the historical insurance policies, the costs to them must be fair and proportionate.</p><p> </p><p>Each year the levy will be estimated at a level which the Department believes is sufficient to cover the actual costs of running the Scheme. That is, the cost of its administration and the cost of the capital payments that are made to diffuse mesothelioma sufferers or their dependants. In any one year the levy will not exceed 3% of employers’ liability gross written premium as this is the point at which the insurance industry said that it would have to pass on the costs of the levy via increased premiums.</p><p> </p><p>Further information on the costs of the Scheme and information about the levy and how it was calculated will be included in the first annual report on the Scheme which will be published on or before 30<sup>th</sup> November 2015.</p>
answering member constituency Forest of Dean more like this
answering member printed Mr Mark Harper more like this
question first answered
less than 2015-01-16T12:26:00.827Zmore like thismore than 2015-01-16T12:26:00.827Z
answering member
1520
label Biography information for Mr Mark Harper more like this
tabling member
1546
label Biography information for Angus Brendan MacNeil more like this