Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to Green Book recommended discount rate of 1.5 per cent per annum for policies that impact health or life outcomes, if he will have discussions with NICE on reducing the discount rate of 3.5 per cent that it applied in its recent Methods Review consultation.
The National Institute for Health and Care Excellence (NICE)’s independent review into its methods is currently live. NICE is an independent body, and I look forward to seeing the outcome of the Review in due course.