Not exact matches
Last year, the nonpartisan Congressional Budget Office concluded that enacting
medical malpractice reform would, on average,
reduce malpractice insurance costs by 10 percent nationwide, and probably more in New York, resulting in a more than $ 300 million of overall reduction in health care spending in our state budget.
He said there needs to be vigorous choice in health
insurance companies and plans across state lines to
reduce costs and that there needs to be
medical malpractice reform to do away with frivolous lawsuits.
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.»
This would save money and
reduce insurance premiums the best way, by
reducing the harm to the public caused by
medical malpractice.