Thursday, March 21, 2013

Tort Reform Will Reduce Health Costs

The political bias in health insurance is highly evident. It explains why tort reform was never a part of legislation.
                   
What could save enormous costs but is hardly ever mentioned is tort reform. Even though the government will tell the doctor how to practice, he or she could still be sued for malpractice. All that’s needed is a cap on lawsuits, something lawyers are successfully lobbying against.
                   
At least 25% of medical costs are for defensive medicine. Yet, impartial arbitration panels could determine whether patients have been harmed, and how, and for how much they ought to be compensated. Without lawyer imagination, subterfuge and costs. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

No comments:

Post a Comment