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Reply #5: You need to look carefully at the recent experience... [View All]

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punpirate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-05 12:57 AM
Response to Reply #2
5. You need to look carefully at the recent experience...
... of Texas, in this regard. It's a sham. Corporations spend far more money suing each other than paying out for medical malpractice or personal injury.

Every one of the claims made by politicians regarding tort reform have been provided to them by insurers, who are the only ones to benefit from tort reform.

Here's a fact: the amount of money spent by insurers on medical malpractice is less than 2% of operating expenses.

Here's another: the number of suits between corporations is 60% higher than all personal injury cases combined.

Here's another: the average for personal injury awards is $38,000--far lower than the advertised big cases. Big awards and personal injury suits have been declining in the last ten years, without tort reform.

Here's another: the Constitution guarantees the right to sue. Tort reform diminishes that right.

Here's another: Texas politicians told the public that medical malpractice tort reform would reduce health care costs. A month ago, the insurance lobby in Texas stated that malpractice awards had a "negligible impact" on malpractice insurance costs when announcing a large increase in medical malpractice insurance rates for Texas physicians.

This legislation benefits only two segments of the country--corporations and their bought-and-paid-for politicians. It benefits the average person not one whit.

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