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The following is a summary of the purpose of chapter 25 of GARP M:

  • Chapter 25 requires that the total impairment rating derived from the accepted MRCA, VEA and DRCA conditions, as well as the lifestyle effects, is used to calculate a gross MRCA periodic payment in $ per week,
  • The gross amount is then reduced by the amount that would be payable under the MRCA for the VEA and DRCA conditions,
  • The remainder is the net notional MRCA periodic payment payable under the MRCA.

This chapter provides guidance on each of the steps contained within Chapter 25 of GARP M to apply to MRCA PI claims made on and after 1 July 2013 (i.e. the new methodology):

  • For step 1, please see 12.7.2.1
  • For step 2, please see 12.7.2.2
  • For step 3, please see 12.7.2.3
  • For step 4, please see 12.7.2.4
  • For step 5, please see 12.7.2.5
  • For step 6, please see 12.7.2.6
  • For step 7, please see 12.7.2.7