Never mind that reducing medical lawsuits is a rare reform provision that really would reduce health-care costs. The Congressional Budget Office estimates the savings at $54 billion over a decade. Consulting firm Tillinghast Towers-Perrin has suggested the direct cost of medical tort litigation is more like $30 billion annually. PriceWaterhouseCoopers estimates that last year $240 billion in health expenditures were the result of doctors ordering unnecessary procedures to protect against the risk of lawsuits.
This is another one of those things President Obama said he would do & didn’t. As in, he said he would introduce tort reform as one piece of his overall healthcare reform, but the legislation leaving the House includes, per the article above, a proviso that will actually undermine existing state tort law.
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