To ask Her Majesty’s Government how many claims for compensation have so far been generated under the terms of the Mesothelioma Act 2014; how that number compares with predicted numbers of claims; what, if any, underspend against budget has resulted; and whether they intend to allocate any underspend for research into finding cures for mesothelioma.
22 October 2014
The Scheme began taking applications in April 2014, and began making payments on 1 July 2014. As of 30 September 2014 the Scheme had received 173 applications. During the first year of operation we had forecasted around 900 applications to the Scheme.
The DMPS is funded by a levy on the insurance industry. The levy is intended to cover the cost of the Scheme in any one year, and we are not expecting to generate any under spend. Any under spend would be returned to HM Treasury.