40 Pa. Stat. § 1303.510

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 1303.510 - Reduction to present value

Future damages for loss of earnings or earning capacity in a medical professional liability action shall be reduced to present value based upon the return that the claimant can earn on a reasonably secure fixed income investment. These damages shall be presented with competent evidence of the effect of productivity and inflation over time. The trier of fact shall determine the applicable discount rate based upon competent evidence.

40 P.S. § 1303.510

2002, March 20, P.L. 154, No. 13, § 510, imd. effective.