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The other major point of the article, which I see hasn't been discussed yet, is that since malpractice insurance is a very small piece of the healthcare puzzle (and he also mentions that the increased costs due to defensive medicine are not as significant they are made out to be, though I did not see significant numbers on this in the article) that the much touted remedy of tort reform with more stringent award caps WOULD NOT have the desired impact of significantly lowering the cost of health care.
The other point he tries to make is that the cost of malpractice insurance itself is actually cyclical and therefore tort reform would not have the desired impact on physicians salaries either. I did not see as much as I would like to back this up, other than for him to briefly comment on a similar crisis happening in the early 80s. Maybe the book details this, either way, it's interesting to talk about.
The third significant point he makes is that since tort reform would not have the desired impact on either lowering the cost of healthcare or reducing malpractice insurance for doctors(since that is cyclical and will happen anyway) all that it does is serve to hurt people who were actually injured by incompetent doctors. He also mentions that victims of malpractice usually do not sue in the first place, and when they do sue, doctors usually win.
Perhaps it was my mistake only posting the excerpt, as it's very easy to jump on those two paragraphs out of context, while missing the gist of the whole article.
The other point he tries to make is that the cost of malpractice insurance itself is actually cyclical and therefore tort reform would not have the desired impact on physicians salaries either. I did not see as much as I would like to back this up, other than for him to briefly comment on a similar crisis happening in the early 80s. Maybe the book details this, either way, it's interesting to talk about.
The third significant point he makes is that since tort reform would not have the desired impact on either lowering the cost of healthcare or reducing malpractice insurance for doctors(since that is cyclical and will happen anyway) all that it does is serve to hurt people who were actually injured by incompetent doctors. He also mentions that victims of malpractice usually do not sue in the first place, and when they do sue, doctors usually win.
Perhaps it was my mistake only posting the excerpt, as it's very easy to jump on those two paragraphs out of context, while missing the gist of the whole article.