It is cases such as this that are the basis for most of the issues with costs and insurance. Everything has to be perfect or else someone has to pay big bucks, i.e. the pledge of attorneys who are behind it all.
The money to pay these ridiculous verdicts does not grow on trees, and everyone winds up paying for it except the attorneys who ALWAYS benefit from large verdicts.
Rarely a day goes by that our organization isn’t contacted by a healthcare organization, their attorney, or their insurer inquiring about implementing a mediation and arbitration program, including “medical apology”/”I’m sorry” programs. Without commenting on the award in this case, I’m certain the case could have been resolved with less time, expense, and animosity through means other than traditional litigation.
Keith Maurer, Esq.
Director of Healthcare and Insurance ADR
National Arbitration Forum (NAF) kmaurer@arb-forum.com
651.604.6726
does it really take $24 million to pay
for future medical expenses? $1 million
IF the Dr were negligent would be enough for expenses.. of course where
would the Lawyer’s get there $5 million
from?
I think I agree with Kathy, but the syntax is so fractured I can’t quite tell. Either a non-native speaker to be applauded for her efforts, or an(other) appalling failure of our education system…
Insurance premiums have almost nothing to do with large jury verdicts, it is primarily that the actuaries when developing the insurance product underestimated the claims over the life of the policy, further the state legislatures allow insurance companies to increase premiums rates almost at will. Take it up with your state legislature.
How many times have you been involved in a court case? Well, now that I think about it, probably many many times because you sound just like one of “them” (plaintiff counsel) and you have no clue at all.
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Dont know the case but wondering why the drs didnt do a c-section then all of this may have been avoided-tragic
It is cases such as this that are the basis for most of the issues with costs and insurance. Everything has to be perfect or else someone has to pay big bucks, i.e. the pledge of attorneys who are behind it all.
The money to pay these ridiculous verdicts does not grow on trees, and everyone winds up paying for it except the attorneys who ALWAYS benefit from large verdicts.
Rarely a day goes by that our organization isn’t contacted by a healthcare organization, their attorney, or their insurer inquiring about implementing a mediation and arbitration program, including “medical apology”/”I’m sorry” programs. Without commenting on the award in this case, I’m certain the case could have been resolved with less time, expense, and animosity through means other than traditional litigation.
Keith Maurer, Esq.
Director of Healthcare and Insurance ADR
National Arbitration Forum (NAF)
kmaurer@arb-forum.com
651.604.6726
does it really take $24 million to pay
for future medical expenses? $1 million
IF the Dr were negligent would be enough for expenses.. of course where
would the Lawyer’s get there $5 million
from?
I think I agree with Kathy, but the syntax is so fractured I can’t quite tell. Either a non-native speaker to be applauded for her efforts, or an(other) appalling failure of our education system…
Insurance premiums have almost nothing to do with large jury verdicts, it is primarily that the actuaries when developing the insurance product underestimated the claims over the life of the policy, further the state legislatures allow insurance companies to increase premiums rates almost at will. Take it up with your state legislature.
How many times have you been involved in a court case? Well, now that I think about it, probably many many times because you sound just like one of “them” (plaintiff counsel) and you have no clue at all.