YDATL Blog NOTE: The opinions expressed by our individual bloggers are their own, and not necessarily those of Young Democrats of Atlanta.
Wednesday, February 16, 2005
Award caps not solution to tort reform problem
Macon Telegraph | 01/09/2005 | Award caps not solution to tort reform problem: "GeorgiaWatch, a consumer interest group that opposes caps, also points to a statement made by the nation's largest malpractice insurer in a Texas rate hike case: 'Non-economic damages are a small percentage of total losses paid. Capping non-economic damages will show loss savings of 1 percent.' Texas, like California and 30 other states, has passed a cap ($250,000 in Texas) but has not seen significant reductions or even a holding pattern on malpractice premiums."