US bill seeks to limit medical liability payouts:
This article was originally published in Clinica
A bipartisan group of House members introduced legislation last week designed to reform the medical liability system. Escalating litigation is leading to skyrocketing medical insurance premiums, forcing physicians in several states to eliminate services, leave their practices behind to move to states with less expensive premiums or close their practices all together. The Help Efficient Accessible, Low Cost, Timely Health Care Act of 2002 puts a $250,000 cap on noneconomic damages. It sets a three-year statute of limitations, and limits attorney's fees, among other things.