IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Why He Was Booed: "HHS has further said that reasonable limits placed on noneconomic damages in malpractice cases would save $60 billion to $108 billion a year...'These savings would lower the cost of health insurance and permit an additional 2.4 million to 4.3 million Americans to obtain insurance,' the department said.
Nearly 10% of the cost of health care services, figures PricewaterhouseCoopers, is attributable to medical malpractice lawsuits. Roughly 2% is caused by direct costs of the lawsuits while an additional 5% to 9% is due to expenses run up by defensive medicine...PricewaterhouseCoopers also found that half of health care costs are due to wasteful spending and said that defensive medicine is the biggest producer of waste.
It would make sense to anyone who wants to bring down health care costs that caps on medical malpractice awards should be on the table — unless that person was beholden to the trial bar that is filled with members who make fortunes suing doctors."
Like the UAW, the trial lawyers are a Democrat sacred cow. And they are being paid off by this President with YOUR tax dollars.
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