Texas Study Casts Doubt on Need for Tort Reform
yahoo/reuters story
Thu Mar 10, 1:59 AM ET
HOUSTON (Reuters) - "A study released on Thursday cast doubt on whether recent "tort reform" in Texas that limited payouts in medical malpractice lawsuits and is similar to what President Bush (news - web sites) wants nationally was really needed.
The study looked at Texas Department of Insurance records dating back to 1988 and found claims that medical costs were soaring because of too many malpractice lawsuits, the supposed reason for the reform, were not true."
I posted a diary back in nov. in which the nations largest malpractice insurer, GE Medical Servicesfirmly stated that Lawsuits accounted for only about 1% of insurance cost increases. They also stated that caps on malpreactice
awards would have almost NO affect on rising costs.
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