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by ubernostrum
3407 days ago
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pass laws to protect physicians from frivolous lawsuits or at least limit damages Several US states have harsh caps on medical malpractice damages. They still see massively-rising medical costs. And in uncapped states the rate of growth in malpractice damage awards hovers very close to the rate of inflation of the US dollar. Which sort of destroys the argument that "frivolous lawsuits" and massive damage awards drive medical costs in any significant way. |
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I used to believe in caps, but I think we could do better than that. Create a no-fault insurance market that pays people without the hassle of civil trials. That has the potential to allow medical professionals to be more open and honest about mistakes they make (similar to the aviation industry). That, in turn, would allow for data-driven decisions about how to make the biggest improvements for the lowest dollar amount.
Oh, and while we're at it, how about a self-driving unicorn that runs on rainbows...