This article is published as part of Capsticks’ Medical Malpractice and Casualty Forward View 2023.

The cost of care claims on higher value cases rose in 2022. With a limited number of carers and upward pressure on hourly rates (in part fuelled by the cost of living crisis) this trend is likely to continue into 2023.

There may be regional disparities, for example, where carers have to be sourced from ‘out of area’ increasing the hourly rate further by additional travel costs.

Conversely, if there is a downturn in the property market, as some commentators predict, the cost of accommodation claims may reduce.

Insurers will also need to consider the impact of inflation on existing reserves.

Medical Malpractice and Casualty Forward View 2023 

This article is part of Capsticks’ Medical Malpractice and Casualty Forward View 2023.

Read the other articles featured in this publication below:

• Spotlight on three appeal court decisions to look out for in 2023
• Concussion in sport: the next industrial disease claim?
• Courts will continue to take a robust approach to fraud, but defendants should be rigorous when assessing the strength of their case
• Private surgeons could face Covid-19 related claims
• Covid-19 public inquiry: private hospitals may face requests for statements and documents
• Government prepares for Personal Injury Discount Rate (PIDR) review
• Private hospitals and MedTech companies will need to keep an eye on emerging product and general liability risks
• New legislation may mean more clinical trials, but ‘lighter touch’ regulation and some simplified procedures
• Legal liabilities for transport of the future: e-scooters and self-driving vehicles
• Fixed recoverable costs (FRCs) – timetable delayed
• Civil Procedure Rules Committee (CPRC) may be the bearer of good news for defendants

Get in touch

Aiming to be the firm of choice for medical malpractice and casualty insurers, we advise and support on all aspect of claims and inquests.

To discuss how any of these issues may affect your organisation, please get in touch with Majid Hassan or Chery Blundell.