Tort Reform and Healthcare Costs

This is Dave Young's Forum.
Can you really bridge the gap between reality and training? Between traditional karate and real world encounters? Absolutely, we will address in this forum why this transition is necessary and critical for survival, and provide suggestions on how to do this correctly. So come in and feel welcomed, but leave your egos at the door!

Moderator: Dave Young

Tort Reform and Healthcare Costs

Postby Valkenar » Wed Sep 13, 2006 10:58 pm

Came across this today:
http://www.cbo.gov/showdoc.cfm?index=4968&sequence=0

Which contains the following:
Malpractice costs amounted to an estimated $24 billion in 2002, but that figure represents less than 2 percent of overall health care spending.(12) 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.


Looks like high healthcare costs aren't significantly impacted by lawsuits, as I'd come to believe from reading other threads here.
- Justin Powell
Valkenar
 
Posts: 1321
Joined: Mon Aug 21, 2000 6:01 am
Location: Somerville, ma.

Postby IJ » Thu Sep 14, 2006 1:35 am

Depends. 1 billion is a lot to me. 24 billion is about 24 times a lot to me. May be a small fraction, but I wouldn't call it negligible. It's also a matter of distribution. If malpractice costs some doctors 300k+ a year, they're going to leave, and then people's only OB care will be through the ER. And that has costs of its own.

Oh, and its especially irritating if a cost is going to waste rather than to productivity.
--Ian
IJ
 
Posts: 2758
Joined: Wed Nov 27, 2002 1:16 am
Location: Boston

Postby Kevin Mackie » Sat Sep 16, 2006 8:40 pm

Lies, damn lies, and statistics.

Health care costs are way way up so obviously, a stagnent or declining rate of malpractice suits will calculate out to a small percentage.

The fact is heathcare costs are rising so much because of lawsuits. Doctor's perfrom every test imaginable whether it's needed or not to cover themselves should the patient develop something that a lawyer would argue that they should have found.

Look at the rise in casaerean deliveries as a result of the junk law suits by John Edwards et al.

Health care costs are also rising due to excessive marketing by drug companies. Everyone's got to have some disease or syndrome that requires this pill and that.
Kevin Mackie
 
Posts: 671
Joined: Wed Sep 16, 1998 6:01 am


Return to Realist Training

Who is online

Users browsing this forum: No registered users and 0 guests