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by spikels
4421 days ago
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Nice theory but the reality is quite different. Medical care is far from a solved problem. For example if you are a teenager who gets an aortic aneurism (literal your heart is about to explode) in a car accident only 50% will survive even with the best care. How can cardiac surgeons afford to save half of these people if they know they will probably be sued by many of the other half with Texas juries awarding millions in damages for many of these statitically unavoidable deaths? They can't and neither can their insurers. For decades Texas juries were awarding so much money so often it became impossible for many high risk specialties, such as delivering babies (think of the downside versus upside), to get insured. In 2000 around a quarter of doctors in Texas were being sued for medical malpractice. Most insurance companies stopped writing insurance for doctors in Texas and the few remaining cooperatives faced bankruptcy. This is why both the Texas legislature and Texas voters (Prop 12) decided to limit damage awards in 2003 to what is now around an inflation adjusted $2 million per victim. Similar things happened in other states with California leading the way in the mid-1970s with a even more restrictive law (no inflation indexing - still the same $250,000 cap as 40 years ago)[1]. Remember the Texas lawyers and juries who have pretty much ruined the US patent system. I that who should an best police doctors? The Texas Medical Board seems like a pretty good approach: people with actual medical training and experience reviewing complaints about doctors. Maybe there is something better for getting rid of incompetent doctors than the Texas Medical Board (ideas pleae?) but unrestricted litigation proved unsustainable. [1] http://en.wikipedia.org/wiki/Medical_Injury_Compensation_Ref... |
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"(12) "Noneconomic damages" means damages awarded for the purpose of compensating a claimant for physical pain and suffering, mental or emotional pain or anguish, loss of consortium, disfigurement, physical impairment, loss of companionship and society, inconvenience, loss of enjoyment of life, injury to reputation, and all other nonpecuniary losses of any kind other than exemplary damages."
[1] http://www.legalmatch.com/law-library/article/texass-cap-for...
[2] http://www.statutes.legis.state.tx.us/Docs/CP/htm/CP.41.htm