General Practitioners: Limited Liability
The question
To ask the Secretary of State for Health and Social Care, what assessment he has made of the merits of allowing the adoption of Limited Liability Partnerships for GPs.
Answered by Stephen Kinnock
Currently, Limited Liability Partnerships cannot hold General Medical Services and Personal Medical Services contracts. However, general practice (GP) partners can take steps to reduce their personal liability and financial risk. For example, limited companies can be used to manage risks in the partnership. GP partnerships can also manage different liabilities through indemnities and different forms of insurance. As independent contractors and small business owners, these are decisions that GP partners make, with legal and accounting advice.
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