Greedy Trial Lawyer
Cap On Frivolous Tort Reformers Needed
Category: News Defused
Mention the cost of medical malpractice insurance and some people immediately leap to ending frivolous lawsuits and putting caps on damages. Most of these folks label themselves tort reformers.
Exhibit A:
NY Gov Spitzer Looks Into Spiraling Malpractice Insurance Costs
With doctors' malpractice insurance in the Empire State going up 14 percent, Governor Eliot Spitzer has decided to appoint a commission to find out why these insurance costs are spiraling. According to Walter Olson of Point of Law, with the new rates, an obstetrician in Brooklyn will be paying $173,000 a year and a Long Island neurosurgeon $309,000 annually.We tort reformers know exactly where that review will wind up: Focused on the plaintiff bar. This might be the beginning of the end to frivolous lawsuits and no-cap on awards.
From Law And More
Does knee jerk reaction come to mind?
Because of the wonders of the federal system of government in the U.S. we have had years of damage caps and have banned frivolity in just about every courthouse. Yet, through tremendous perserverance, medical providers keep violating the standard of care and insurance companies continue making outrageous profits. Is it possible the problem is not with the plaintiff bar?
What the country really needs is a cap on frivolous tort reformers. Followed by caps on insurance profits and a banning of frivolous commissions.
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