﻿NHS Resolution:@0.116465:0.056159:0.212674:0.056159:0.212674:0.047246:0.116465:0.047246:0.009566:0.009324:0.006892:0.004864:0.008397:0.006973:0.005710:0.007981:0.003816:0.007766:0.005226:0.003587:0.007981:0.008128
Annual report and accounts 2021/22:@0.288185:0.056159:0.513709:0.056159:0.513709:0.047246:0.288185:0.047246:0.009230:0.008142:0.008061:0.008142:0.007215:0.003520:0.005629:0.004958:0.007309:0.008222:0.008236:0.004864:0.004555:0.005011:0.006839:0.007604:0.007725:0.005213:0.006839:0.006422:0.006382:0.008061:0.007806:0.007604:0.004743:0.005697:0.004460:0.006879:0.006973:0.006879:0.006973:0.005038:0.007053:0.007242
149:@0.931480:0.056159:0.952641:0.056159:0.952641:0.047246:0.931480:0.047246:0.006718:0.006718:0.007725
Figure 33::@0.095558:0.102566:0.170644:0.102566:0.170644:0.091424:0.095558:0.091424:0.008397:0.004770:0.009757:0.009657:0.006298:0.008649:0.005626:0.008733:0.008649:0.004551
Sensitivity to changes in the nominal discount rate:@0.095138:0.119373:0.487833:0.119373:0.487833:0.108231:0.095138:0.108231:0.009237:0.009237:0.009908:0.007473:0.004064:0.006096:0.004282:0.008313:0.004282:0.005962:0.008481:0.004870:0.005962:0.010160:0.006046:0.007759:0.009875:0.008548:0.009925:0.010076:0.008985:0.007305:0.006466:0.003611:0.008481:0.006046:0.006046:0.009992:0.009321:0.006466:0.009741:0.010160:0.015031:0.004064:0.009959:0.008901:0.004064:0.006600:0.010244:0.004064:0.007440:0.007977:0.010244:0.009741:0.009741:0.005878:0.006046:0.006130:0.008733:0.005878:0.008783
>:@0.112856:0.248123:0.123769:0.248123:0.123769:0.237539:0.112856:0.237539:0.010913
s.:@0.112436:0.263487:0.125231:0.263487:0.125231:0.249003:0.112436:0.249003:0.006879:0.005917
0:@0.109665:0.269655:0.113625:0.269655:0.113625:0.264620:0.109665:0.264620:0.003960
c:@0.114871:0.270181:0.119630:0.270181:0.119630:0.262939:0.114871:0.262939:0.004759
z:@0.110421:0.277088:0.116493:0.277088:0.116493:0.268174:0.110421:0.268174:0.006073
C3:@0.110001:0.281603:0.119764:0.281603:0.119764:0.276408:0.110001:0.276408:0.004957:0.004806
3 :@0.177748:0.335527:0.188254:0.335527:0.188254:0.326614:0.177748:0.326614:0.006798:0.003708
-2 :@0.296650:0.335527:0.311186:0.335527:0.311186:0.326614:0.296650:0.326614:0.004447:0.006382:0.003708
-1 :@0.419998:0.335527:0.433783:0.335527:0.433783:0.326614:0.419998:0.326614:0.004205:0.005871:0.003708
+0 :@0.548560:0.335527:0.566375:0.335527:0.566375:0.326614:0.548560:0.326614:0.007806:0.006301:0.003708
+1 :@0.675523:0.335527:0.691658:0.335527:0.691658:0.326614:0.675523:0.326614:0.006892:0.005535:0.003708
+2 :@0.802069:0.335527:0.819051:0.335527:0.819051:0.326614:0.802069:0.326614:0.007309:0.005965:0.003708
+3:@0.927017:0.335527:0.942548:0.335527:0.942548:0.326614:0.927017:0.326614:0.007806:0.007725
Change in nominal discount rate (%):@0.437300:0.360886:0.662796:0.360886:0.662796:0.351973:0.437300:0.351973:0.008142:0.007725:0.006879:0.007806:0.007981:0.006973:0.005293:0.003023:0.006637:0.005629:0.007645:0.007725:0.011501:0.003614:0.007564:0.006798:0.003533:0.005293:0.007981:0.003816:0.005670:0.006221:0.007981:0.007806:0.007900:0.005038:0.004031:0.005119:0.006973:0.005038:0.007053:0.004031:0.004783:0.011339:0.004958
Sensitivity to differential  between ASHE and  CPI:@0.095558:0.413291:0.513511:0.413291:0.513511:0.402150:0.095558:0.402150:0.010244:0.009908:0.011084:0.008061:0.005206:0.007137:0.005206:0.009908:0.005206:0.007137:0.009908:0.005290:0.006886:0.010832:0.006466:0.011168:0.005122:0.006886:0.006970:0.009825:0.007221:0.009825:0.011000:0.007053:0.005206:0.009657:0.005206:0.004635:0.002586:0.011420:0.010076:0.007221:0.014863:0.010076:0.010076:0.011252:0.006466:0.012679:0.010076:0.013687:0.009489:0.006802:0.009489:0.010664:0.010916:0.004635:0.002586:0.009741:0.009573:0.005324
The ASHE index,  used  in the calculation of damages in  PPO cases where care costs are a component,  measures the :@0.094718:0.435081:0.916860:0.435081:0.916860:0.424497:0.094718:0.424497:0.008360:0.008775:0.008344:0.004754:0.010498:0.008472:0.011599:0.008073:0.006541:0.003861:0.009030:0.009030:0.008344:0.007020:0.003462:0.004371:0.002409:0.008392:0.006302:0.007897:0.008823:0.004371:0.002521:0.003271:0.007642:0.006047:0.005409:0.009030:0.008073:0.005712:0.007371:0.008121:0.003861:0.007179:0.009030:0.003861:0.007929:0.005409:0.003861:0.009349:0.009030:0.006366:0.009349:0.004754:0.005297:0.009397:0.008121:0.013465:0.008121:0.009397:0.008344:0.006765:0.006079:0.003271:0.007642:0.004371:0.002856:0.007977:0.007977:0.010657:0.006047:0.007132:0.007802:0.006765:0.007929:0.006765:0.004659:0.011918:0.009397:0.008647:0.005552:0.008807:0.005712:0.007371:0.007738:0.005377:0.008057:0.005712:0.007052:0.009062:0.006765:0.005073:0.006765:0.005584:0.007642:0.005121:0.007722:0.006047:0.006892:0.006047:0.007371:0.009349:0.013928:0.009381:0.009349:0.009238:0.008344:0.009206:0.005409:0.003462:0.004371:0.002457:0.013513:0.008153:0.008121:0.006573:0.009030:0.005552:0.008089:0.006765:0.005153:0.005409:0.008695:0.008057:0.004371
rate of change in the wages of carers. The current assumption is that the rate of inflation in carers' wages is  1.75% :@0.095558:0.450523:0.921816:0.450523:0.921816:0.439938:0.095558:0.439938:0.005297:0.007802:0.005121:0.007977:0.006047:0.009349:0.004754:0.005201:0.007371:0.009030:0.008121:0.009030:0.009397:0.008344:0.005967:0.003366:0.007897:0.005632:0.005409:0.009030:0.008153:0.005201:0.011838:0.008392:0.009748:0.008567:0.007052:0.005632:0.009349:0.004754:0.005632:0.007371:0.007658:0.005377:0.008153:0.005377:0.006765:0.003223:0.006461:0.008360:0.008855:0.008344:0.005935:0.007371:0.009030:0.005552:0.005552:0.008344:0.008743:0.005409:0.005584:0.008121:0.006573:0.006765:0.008775:0.013513:0.009381:0.005153:0.003861:0.009158:0.009030:0.006749:0.003191:0.005632:0.005297:0.005409:0.009365:0.008312:0.005409:0.004914:0.005409:0.009030:0.008153:0.006461:0.005297:0.007802:0.005121:0.007977:0.006047:0.009349:0.004754:0.005632:0.003861:0.009030:0.004994:0.003606:0.008121:0.005233:0.003861:0.009158:0.009030:0.006749:0.003271:0.007642:0.006461:0.007371:0.007834:0.005552:0.008344:0.005329:0.006765:0.003669:0.005105:0.012014:0.008488:0.009748:0.008647:0.007052:0.005632:0.003366:0.005967:0.004371:0.002856:0.009158:0.003781:0.009158:0.009158:0.013944:0.004371
higher than CPI  price inflation each year.  The graph shows the effect on the value of the CNST IBNR provision where :@0.095558:0.466200:0.928421:0.466200:0.928421:0.455616:0.095558:0.455616:0.009030:0.003654:0.009158:0.009030:0.008009:0.005552:0.005105:0.005409:0.008775:0.008121:0.008759:0.006382:0.009397:0.008392:0.004036:0.004371:0.002425:0.008903:0.005201:0.003861:0.006797:0.007897:0.006461:0.003861:0.009030:0.004994:0.003606:0.008121:0.005233:0.003861:0.009158:0.009030:0.005999:0.008153:0.008121:0.007084:0.009030:0.005073:0.007307:0.007897:0.007722:0.005201:0.003271:0.004371:0.002521:0.008360:0.008775:0.008344:0.005600:0.009158:0.005377:0.007897:0.009062:0.008823:0.006382:0.006765:0.009030:0.009557:0.011758:0.006765:0.005329:0.005409:0.009030:0.008153:0.005632:0.008344:0.005169:0.004994:0.008520:0.007371:0.005409:0.005696:0.008567:0.008392:0.006047:0.005409:0.009030:0.008153:0.004786:0.007642:0.008312:0.003861:0.009030:0.008344:0.005552:0.009349:0.004754:0.005297:0.005409:0.009030:0.008073:0.005712:0.009876:0.011934:0.008472:0.008360:0.005696:0.003941:0.008392:0.011088:0.008823:0.006047:0.009062:0.005297:0.008903:0.007307:0.003861:0.006382:0.003861:0.008727:0.008647:0.005632:0.011535:0.009381:0.008344:0.005760:0.008344:0.004371
this differential is varied and, as the following chart shows, this is a non-linear relationship. An additional +/- 0.5% :@0.094718:0.481582:0.914914:0.481582:0.914914:0.470998:0.094718:0.470998:0.005409:0.008775:0.003861:0.006557:0.005632:0.009397:0.003861:0.004802:0.004994:0.008344:0.005297:0.008344:0.009030:0.005217:0.003861:0.008121:0.003861:0.006669:0.003191:0.005712:0.004866:0.007467:0.008121:0.005233:0.003861:0.008057:0.009158:0.006461:0.008121:0.009030:0.009222:0.003462:0.006446:0.007722:0.006382:0.005201:0.005409:0.009030:0.008153:0.005201:0.004994:0.009541:0.003861:0.004036:0.009349:0.011726:0.003861:0.009238:0.009397:0.006557:0.007371:0.009030:0.008121:0.005552:0.005409:0.005249:0.006972:0.009030:0.009700:0.011838:0.006765:0.003654:0.006047:0.005409:0.008775:0.003861:0.006557:0.006047:0.003191:0.005712:0.005632:0.006797:0.006461:0.009030:0.009110:0.009030:0.006174:0.003861:0.003861:0.009030:0.008344:0.007897:0.005552:0.005536:0.005552:0.008137:0.003861:0.008121:0.005233:0.003861:0.009349:0.008791:0.006765:0.008855:0.003861:0.009381:0.003462:0.005887:0.010498:0.009238:0.006047:0.008121:0.009397:0.009014:0.003861:0.005409:0.003669:0.009158:0.009030:0.007850:0.003861:0.006382:0.008982:0.005121:0.005297:0.005632:0.009573:0.003941:0.009493:0.014439:0.004371
difference between ASHE and CPI will either increase the provision  by 8%  or reduce it by 7%  respectively.:@0.095138:0.496964:0.848613:0.496964:0.848613:0.486380:0.095138:0.486380:0.009397:0.003861:0.004994:0.004994:0.008153:0.005552:0.008344:0.008855:0.007371:0.008169:0.006461:0.009381:0.008344:0.005409:0.011535:0.008344:0.008344:0.009030:0.005696:0.010498:0.008472:0.011599:0.008073:0.005696:0.007802:0.008647:0.008982:0.006382:0.009397:0.008392:0.004036:0.005632:0.011535:0.003861:0.003861:0.004084:0.006047:0.008344:0.003861:0.005409:0.008839:0.008344:0.005552:0.005999:0.003861:0.008727:0.007132:0.005377:0.008344:0.007786:0.006765:0.008009:0.005297:0.005409:0.009030:0.008153:0.006382:0.008903:0.005201:0.008903:0.007307:0.003861:0.006302:0.003861:0.008727:0.008647:0.004371:0.002425:0.008647:0.007132:0.005201:0.009573:0.014614:0.004371:0.002521:0.008823:0.005297:0.005632:0.005552:0.007961:0.009158:0.008823:0.007371:0.007913:0.006382:0.003366:0.004707:0.005712:0.008823:0.007307:0.005201:0.009397:0.014359:0.004371:0.002936:0.005297:0.007897:0.006461:0.008903:0.007897:0.007052:0.005121:0.003861:0.007052:0.007977:0.003861:0.007132:0.003462
Figure 34::@0.095558:0.540444:0.170644:0.540444:0.170644:0.529303:0.095558:0.529303:0.008397:0.004770:0.009757:0.009657:0.006298:0.008649:0.005626:0.008733:0.008649:0.004551
Sensitivity to differential between ASHE and CPI:@0.095138:0.556955:0.469997:0.556955:0.469997:0.545813:0.095138:0.545813:0.009237:0.009237:0.009908:0.007473:0.004064:0.006096:0.004282:0.008313:0.004282:0.005962:0.008481:0.004870:0.005962:0.010160:0.006046:0.010832:0.004366:0.005794:0.005626:0.009573:0.006382:0.009489:0.010328:0.006214:0.004450:0.009237:0.004366:0.006886:0.010496:0.009153:0.006046:0.012679:0.009237:0.009237:0.009992:0.006046:0.011000:0.008918:0.012243:0.008498:0.006113:0.008548:0.009673:0.009892:0.006566:0.009573:0.008565:0.004467