Tort Reform And Health Care Cost Control

Via Andrew Sullivan, a very interesting pie chart:
pie chart.jpg
It’s from research by economist Aaron Caroll, showing that states that have enacted caps on damages in medical malpractice cases haven’t reaped savings.
This shouldn’t come as any surprise given that all of the costs associated with medical malpractice – from medical bills for the injured to lawyer fees – only add up to 0.5% of our health care spending.
Cutting down on payouts in medical malpractice cases won’t bring down our health care costs. They’ll only guarantee that the taxpayer foots the bill for the injuries, rather than the medical malpractice insurer.

This blog in maintained by the Boston medical malpractice lawyers at The Law Office of Alan H. Crede, P.C.