Legal expenses and medico-legal agency provider Litcomp...
Legal expenses and medico-legal agency provider Litcomp has welcomed the withdrawal of the insurers' appeal in the Woollard case.
Russell Smart, COO of LitComp said: "This is excellent news for LitComp and the medico-legal agency industry and brings an end to the many months of uncertainty we have faced."
The Woollard v Fowler appeal was withdrawn with the agreement of the insurers and means that there is now certainty that medical reports and agency fees will be recoverable.
“This is excellent news for LitComp and the medico-legal agency industry and brings an end to the many months of uncertainty we have faced
Russell Smart, COO of LitComp
Fixed tariffs have been agreed for GP, orthopaedic and A&E reports and in addition to this a new, more streamlined process has been put into place, where insurers can be invoiced directly for medical reports, ensuring improved cashflow.
As of 1 May 2007 VAT is also applicable to medical reports.