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Blog Directory Del's Perspective: Tort Reform #1 on Republican Agenda, #1 Joke

Saturday, March 21, 2009

Tort Reform #1 on Republican Agenda, #1 Joke

The Republican Party has trotted out its major issue and of course it zeros in on the almighty dollar, and more huge profits for the insurance industry. The industry is serving up its new and improved version of "tort reform" wherein the Party acting as a shrill for the industry paints all lawyers as evil and that the number of frivolous lawsuits is astronomical thereby crippling the industry.
The reality is anything but what the industry says it is. For example, State Farm Insurance Co. acknowledged to the state of Kansas that, "We believe the effect of tort reform on our book of business would be small." The lie regarding frivolous lawsuits is further debunked in the New England Journal of Medicine which reported that only 2% of people injured by a physician's negligence ever file a lawsuit.
Tort Reform would deny the injured the right to select h/her own doctor, insurance companies would make that decision. It would deny the right to hire a lawyer if injustice has occurred. But more importantly, it would deny the injured the right to have a judge or jury examine the seriousness of the case and the extent of the damages.
If you think "Tort Reform" is really necessary and that the insurance companies are just barely holding on, you might want to view the Consumer Federation of America study profitability of the insurance industry that showed a profit of $157,000,000,000 (that's billion) over the last 3 years.

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