Savings from caps have led to huge insurance industry profits, which «the insurance industry should pass... onto Florida physicians in the form of
reduced malpractice insurance premiums, and it should no longer be necessary to continue punishing those most seriously injured by medical negligence by limiting their noneconomic recovery to a fixed, arbitrary amount.»
Not exact matches
To critics, non-econ caps are both ineffective (since they will not lower
malpractice premiums or the cost of health
insurance coverage) and unfair (since they
reduce damage awards to the most severely injured, and disproportionately affect women, children, and the elderly).
This would save money and
reduce insurance premiums the best way, by
reducing the harm to the public caused by medical
malpractice.