New Study: Tort Reforms Reduce Medical Malpractice Premiums

May 4, 2006

  • May 6, 2006 at 1:09 am
    Furry says:
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    The 20% number is from the figures in the paper. If you look at the tables in the paper itself (linked from the Ins J. article) you will find the numbers.

    By the way, attorneys don\’t take a percentage on defense matters. Insurance companies pay pathetically low hourlies, in the $125 to $150 range for Los Angeles.

  • May 6, 2006 at 1:14 am
    Furry says:
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    Willing: The evidence is in the article itself. That\’s why I mentioned it.

    Have you ever even served on a jury or set foot in a courtroom? The vast majority of med mal cases that go to trial end in defense verdicts (prolly in the 60%-75% range). Almost every penny of indemnity paid by insurers are settlements. Liberal juries? Juries have the exact same cross-section of political leanings as the American public. That\’s the whole point of juries. In fact, since jurors that actually serve tend to be older, they tend towards more conservative. Where\’s your evidence?

  • May 5, 2006 at 1:42 am
    Scott says:
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    Lawyers take what, a third, for their efforts at bringing claims. 20% to defend doesn\’t seem to be out of line. Where did the 20% figure originate, anyway?

  • May 5, 2006 at 6:39 am
    eman says:
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    You nailed it. Direct hit! YOU SANK THEIR BATTLESHIP!!!!

  • May 5, 2006 at 6:40 am
    eman says:
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    BULL!!!

  • May 5, 2006 at 6:44 am
    anuraag says:
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    ???

  • May 6, 2006 at 7:36 am
    Willing to Bet says:
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    They go hand and hand. Bad lawyers and Liberal jury\’s. Thats why we need tort reform. Never seen democratics calling for tort reform.

  • May 6, 2006 at 6:38 am
    Furry says:
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    Way to contradict yourself, Willing. Is is liberal juries or out-of-control lawyers?

  • May 6, 2006 at 6:59 am
    Willing to Bet says:
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    Furry, I must have been mistaken. The cost to defend is free b.c carriers never bring in outside lawyers to assit!@#$. I have been in the court room, I work for an insurance company. Even if 60 to 75% are won by the insurance copmany\’s that means 60 to 75% of suits should not be filed. Attorney\’s file claims to get people to settle. Doen\’t always work and casues an increase in premiums, thus tort reform to control out of control lawyers.

  • May 8, 2006 at 12:14 pm
    unwanted says:
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    1. I\’ve been called for jury duty and as soon as either lawyer finds out I have a college degree/work for an insurance company & am a Republican, I am excused without cause. Cross section?? More like cross-hairs.
    2. Most adjusters make less than $20/hr, Independants bill around $70/hr,bonuses & commisions are \”unfair trade practices\”. I have no tears for lawyers who can\’t get by on $125 – $200/hr.



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