Select glossary terms alphabetically below.
Provision
The provision is the best estimate of the expenditure required to settle the present obligation at the balance sheet date or transfer to a third party (for claims
made and predicated to be made, so called ‘incurred but not reported claims’). The figure is updated annually and is an informed estimate that depends on
assumptions about future developments and therefore lies within a range of possible results. When considering the provision, it is important to note that if
there is a value allocated to a future periodical payment order this will change in response to changing needs and the lifespan of the claimant concerned.
Business Impact Assessment (BIA)
This is a process of collecting necessary information about business systems, processes, functions, resources and people to identify how they may be impacted by an event.
Collaborative Advisory Group (CAG)
The Maternity Incentive Scheme Collaborative Advisory Group (CAG) was established by NHS Resolution to bring together other arm’s length bodies and the royal colleges to support the delivery of the Clinical Negligence Scheme for Trusts Maternity Incentive Scheme and has also advised NHS Resolution on the refined safety actions. Members of the group include:
- NHS Resolution
- Department of Health and Social Care (DHSC)
- NHS England (NHSE)
- Royal College of Obstetricians and Gynaecologists (RCOG)
- Royal College of Midwives (RCM)
- Neonatal Clinical Reference Group (CRG)
- Mothers and Babies: Reducing Risk through Audits and Confidential Enquiries (MBRRACE)
- Royal College of Anaesthetists (RCoA)
- Care Quality Commission (CQC)
- Maternity and Newborn Safety Investigations (MNSI) programme
Personal injury discount rate (PIDR)
Property Expenses Scheme (PES)
The Property Expenses Scheme (PES) indemnifies NHS members for property claims.
Office for Budget Responsibility (OBR)
Office for Budget Responsibility (OBR): https://obr.uk
NHS Litigation Authority (NHSLA)
The NHS Litigation Authority is the legal name of NHS Resolution.
National Clinical Assessment Service (NCAS)
The National Clinical Assessment Service (NCAS), now known as our Practitioner Performance Advice service.
