Oireachtas Joint and Select Committees

Thursday, 5 July 2018

Public Accounts Committee

2017 Financial Statements of the HSE
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 - Department of Health

9:00 am

Mr. Seamus McCarthy:

As I mentioned when representatives of the agency last attended, there had been a change in the assumptions made. Arising from a court case, there was a determination that the discount rate needed to change. That had a very significant effect, in the order of €300 million, on projected liabilities into the future. It will be reflected in higher settlements with individuals without there being any change in the volume or severity of cases.

Comments

No comments

Log in or join to post a public comment.