12 November 2009

Want To Lower Healthcare Costs, Thereby Making Insurance More Affordable For Everyone? Try Tort Reform

Never mind that reducing medical lawsuits is a rare reform provision that really would reduce health-care costs. The Congressional Budget Office estimates the savings at $54 billion over a decade. Consulting firm Tillinghast Towers-Perrin has suggested the direct cost of medical tort litigation is more like $30 billion annually. PriceWaterhouseCoopers estimates that last year $240 billion in health expenditures were the result of doctors ordering unnecessary procedures to protect against the risk of lawsuits.
This is another one of those things President Obama said he would do & didn't. As in, he said he would introduce tort reform as one piece of his overall healthcare reform, but the legislation leaving the House includes, per the article above, a proviso that will actually undermine existing state tort law.

I get it. I really do. Obama and his Democrat friends are just paying back one of their biggest campaign cash cows--trial lawyers.

Kind of like with Card Check and the Unions.

And cap & trade and the Climate-Industrial Complex.

And I don't even really blame my friends in the legal profession who are opposed to tort reform. I understand that by opposing any check on their ability to litigate, they are only acting in their self interest.

Don't blame Obama, Democrats, & trial lawyers, blame the system.

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