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Insurance Data

Dáil Éireann Debate, Thursday - 1 June 2017

Thursday, 1 June 2017

Ceisteanna (159)

Pearse Doherty

Ceist:

159. Deputy Pearse Doherty asked the Minister for Health the expenses incurred by his Department relating to insurance of all types in each of the past five years; the cost of each insurance policy held by his Department over the same time period per annum; if he will provide the same data for all bodies under the aegis of his Department; and if he will make a statement on the matter. [26288/17]

Amharc ar fhreagra

Freagraí scríofa

In response to the Deputy's question, my Department operates under State Indemnity, a self-insurance model whereby the State bears the financial risk associated with the cost of claims. This approach is set out in the Public Financial Procedures at C8 Section 11 whereby the general rule is that no insurance should be effected against the risk of any loss which, if it arose would fall wholly and directly on public funds. This is based on the understanding that the risks for which the Government is liable are innumerable and widely distributed and that losses maturing in any one year are never so large as to materially disturb the financial position of the year, so that it is cheaper in the long term for the Exchequer to "carry its own insurance".

The National Treasury Management Agency is designated as the State Claims Agency (SCA) when performing the claims and risk management functions delegated to it under the National Treasury Management Agency (Amendment) Act 2000. Since the establishment of the SCA, the management of claims functions has been delegated to the Agency. It currently manages claims and risks on behalf of 139 delegated State Authorities.

I have also forwarded your question to the HSE for direct reply. Details for other bodies under the aegis of the Department are operational matters for the bodies concerned and the Deputy should contact the relevant Director/CEO/Registrar directly.

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