Diffuse Mesothelioma Payment Scheme Levy 2023-24 Debate
Full Debate: Read Full DebateMims Davies
Main Page: Mims Davies (Conservative - East Grinstead and Uckfield)Department Debates - View all Mims Davies's debates with the Department for Work and Pensions
(6 months, 3 weeks ago)
Written StatementsThe Diffuse Mesothelioma Payment Scheme (Levy) Regulations 2014 require active employers’ liability insurers to pay an annual levy, based on their relative market share, for the purpose of meeting the costs of the DMPS. This is in line with the insurance industry’s commitment to fund a scheme of last resort for persons diagnosed with diffuse mesothelioma who have been unable to trace their employer or their employer’s insurer.
Today I can announce that the total amount of the levy to be charged for 2023-24, the 10th year of the DMPS, is £27.3 million. The amount will be payable by active insurers by the end of March 2024.
Individual active insurers will be notified in writing of their share of the levy, together with how the amount was calculated and the payment arrangements. Insurers should be aware that it is a legal requirement to pay the levy within the set timescales.
I am pleased that the DMPS has seen nine successful years of operation, assisting many hundreds of people who have been diagnosed with diffuse mesothelioma. The ninth annual report for the scheme, along with the annual statistics, was published on 28 November 2023 and is available on the www.gov.uk website. The report was also deposited in the Libraries of both Houses. I hope that Members of both Houses will welcome this announcement and give the DMPS their continued support.
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