Saturday, October 10, 2009

Tort Reform Could Save $54 Billion, CBO Says

The Democrats won't go along with Tort reform because it's opposed by the trial lawyers. And trial lawyers are major donors to the Democratic Party.
in reference to:
"Congressional budget analysts said Friday that lawmakers could save as much as $54 billion over the next decade by imposing an array of new limits on medical malpractice lawsuits -- 10 times more than previously estimated.

New research shows that legal reforms would not only lower malpractice insurance premiums for medical providers, but also would spur providers to save money by ordering fewer tests and procedures aimed primarily at defending their decisions in court, Douglas W. Elmendorf, director of the nonpartisan Congressional Budget Office, wrote in a letter to  Sen. Orrin G. Hatch (R-Utah)."
- CBO Says Tort Reform Would Bring $54 Billion in Savings - washingtonpost.com (view on Google Sidewiki)

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