You have read many times in my blogs how I believe that the only true way to save money with healthcare reform is to have tort reform.
The following is an article by Brenda L. Mooney that puts actual dollar figures to support this argument. While most legislatures are members of the legal system, the time has come to step away from the “conflict of interest” in the revenue for lawyers in malpractice and do what is right for the public at large.
Please read on…
Want to save $62.4 billion? Enact medical liability reform, AMA says
Publish date: Oct 19, 2011
By: Brenda L. Mooney
Here’s a straightforward way for Congress’ Joint Select Committee on Deficit Reduction to save $62.4 billion over 10 years without cutting payments to healthcare providers: Institute meaningful medical liability reform.
That was what the American Medical Association (AMA), the American Academy of Family Physicians, the American College of Physicians, and more than 90 other state and specialty medical societies told the so-called “supercommittee” in essentially identical letters sent to Democratic and Republican co-chairs.
“Reforming the costly and inefficient medical liability system with proven solutions will save taxpayers money,” said AMA President Peter W. Carmel, MD “Comprehensive reforms that include a reasonable limit on non-economic damages would reduce the federal budget deficit by $62.4 billion over 10 years, according to the Congressional Budget Office.”
The reforms requested by the medical groups:
The AMA also urged the deficit committee to include language that allows individual states to maintain or enact their own reforms.
“Preserving quality and access in medicine while reducing unnecessary cost will require fairness in the civil justice system,” Carmel said. “Every dollar that government health programs spend on the broken medical liability system is money that cannot be used on healthcare.”