tag:blogger.com,1999:blog-5090403.post8948185050996023093..comments2023-09-07T04:24:11.648-06:00Comments on y-intercept blog: Public Financing and Tort Reformy-intercepthttp://www.blogger.com/profile/03389285761013186443noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5090403.post-18928801909743444412009-09-05T09:05:09.134-06:002009-09-05T09:05:09.134-06:00Once again Jason did not read the post.
Jason The...Once again Jason did not read the post.<br /><br />Jason The leaves a large number of comments in which he insults the person he disagrees with, then posts unrelated talking points.<br /><br />The post actually was a criticism of the Conservative view of tort reform. The post said the problem wasn't with tort law, but that tort law in combination with third party payment systems create a combination that works against the people.<br /><br />I pointed out in previous posts that if single payer became the norm, the left would turn against tort law an conservatives would start defending it.y-intercepthttps://www.blogger.com/profile/03389285761013186443noreply@blogger.comtag:blogger.com,1999:blog-5090403.post-87253114129783518122009-08-31T23:52:37.375-06:002009-08-31T23:52:37.375-06:00Probably some of the worst "analysis" yo...Probably some of the worst "analysis" you've attempted so far.<br /><br />From <a href="http://www.bloomberg.com/apps/news?pid=20601103&sid=az9qxQZNmf0o" rel="nofollow">Bloomberg News</a>:<br /><br />"(A)nnual jury awards and legal settlements involving doctors amounts to “a drop in the bucket” in a country that spends $2.3 trillion annually on health care, said Amitabh Chandra, a Harvard University economist. Chandra estimated the cost at $12 per person in the U.S., or about $3.6 billion, in a <a href="http://www.ibabuzz.com/politics/wp-content/uploads/2009/08/ha_physicianmalpracticenatlpractitionerdata_20051.pdf" rel="nofollow">2005 study</a>. Insurer WellPoint Inc. <a href="http://www.reuters.com/article/pressRelease/idUS137490+27-May-2009+PRN20090527" rel="nofollow">said last month</a> that liability wasn’t driving premiums."<br /><br />The <a href="http://www.cbo.gov/doc.cfm?index=4968&type=0" rel="nofollow">Congressional Budget Office</a> in 2004 concluded that medical malpractice tort reform wouldn’t have a significant effect on health care costs:<br /><br />"Malpractice costs amounted to an estimated $24 billion in 2002, but that figure represents less than 2 percent of overall health care spending. Thus, even a reduction of 25 percent to 30 percent in malpractice costs would lower health care costs by only about 0.4 percent to 0.5 percent, and the likely effect on health insurance premiums would be comparably small."<br /><br />And Americans for Insurance Reform, a coalition of nearly 100 consumer and public interest groups around the country, <a href="http://www.ibabuzz.com/politics/wp-content/uploads/2009/08/trueriskf1.pdf" rel="nofollow">issued a report in July</a> which found:<br /><br />• Medical malpractice premiums, inflation-adjusted, are nearly the lowest they have been in over 30 years.<br />• Medical malpractice claims, inflation-adjusted, are dropping significantly, down 45 percent since 2000.<br />• Medical malpractice premiums are less than one-half of one percent of the country’s overall health care costs; medical malpractice claims are a mere one-fifth of one percent of health care costs. In over 30 years, premiums and claims have never been greater than 1% of our nation’s health care costs.Jason Thehttps://www.blogger.com/profile/15518866228386927143noreply@blogger.com