One of the stats that came out of the Obamacare health care industry discussion in 2009-2010 was that medical tort reform would only reduce medical spending about 1-2% per year.
I think though that that only accounts for the money that would be saved in the lawsuit payouts.
It doesn't include all the costs of un-necessary tests doctors do because they fear getting sued. No matter how big or small the payout in a lawsuit, that's not a good place to be and is going to leave a black mark on a dr's record no matter the outcome.
It doesn't include all the costs of un-necessary tests doctors do because they fear getting sued. No matter how big or small the payout in a lawsuit, that's not a good place to be and is going to leave a black mark on a dr's record no matter the outcome.