Malpractice lawsuits induces defensive medicine. That costs a fortune for insurance companies, doctors and other providers. Ultimately, the public pays.
This is a fact ObamaCare conveniently overlooks.
A Massachusetts Medical Society study found that five out of six doctors order procedures and referrals that amount to about 25% of total medical costs, for the sole purpose of doctor legal protection. According to the Pacific Research Institute, defensive medicine wastes more than $200 billion a year.
Therefore, the entire medical-malpractice system has to be changed. There could be a no-fault system, a pool to reimburse those injured from medical errors or accidents. Judges can be chosen from medical experts, not inexpert juries, who are swayed by sharp trial lawyers, seeking one third of the proceeds. The no-fault pool could be funded by a small tax on health-insurance premiums.
Note: over 90% of tort lawyer political contributions go to the Democrat party. This accounts for the fact tort reform is never considered one of necessary reforms. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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