CBO Report: Med-Mal reform is unlikely to cut healthcare spending significantly
side note: A new Congressional Budget Office report indicates that reforming the medical malpractice resolution system will have little savings.
Reporting from Washington – Medical malpractice reform is unlikely to cut healthcare spending significantly, the Congressional Budget Office reported Friday.
Enacting a cap on pain-and-suffering and punitive damages, changing liability laws and tightening the statute of limitations on malpractice claims would lower total healthcare spending by about one-half of 1% each year — $11 billion at the current level — according to an estimate by the nonpartisan agency.