Richard, What the insurance company pays out in claims has only a little to do with the preminums they charge their doctors/clients. Please refer to the link I posted earlier. A lot has to do with them seeking to recoup diminishing returns on their investments. The famous/infamous McDonalds coffee spill would fall under the catagory of general libality insurance and not medical malpractice insurance. Punative damages means just that, it's punative so as to make sure the company dosen't do anything that stupid again. The one and only way one can punish a corporation is to cost them money, it is their blood I'TS ALWAYS ABOUT THE MONEY.
On Aug 8, 9:11 pm, RICHARD BROWN <[email protected]> wrote: > For the doctors and hospitals. When you suffer $50,000 damages > because of a screw up and you sue and win $15 million, your attorney > gets $5 million and you get the rest. Jackpot! But the doctor or the > hospital don't cough up the money, their liability insurance company > does and their high rates are passed on to all doctors and all > hospitals which means the $15 million comes from all the patients. > For they are the ones who ultimately pay. And they wonder why health > care costs so damn much...Jackpot! Jackpot! In Switzerland you don't > get $3 million for pouring hot coffee in your lap, that is just > stupid. I was living there when that happened in the U.S. and it was > a real joke to them that we could be so stupid as to let that happen. > > On Aug 8, 11:30 am, Hollywood <[email protected]> wrote: > > > > > Richard, > > > "minimum liability" for whom? > > > On Aug 8, 1:06 pm, RICHARD BROWN <[email protected]> wrote: > > > > It is quite easy to have their health care system. Just get > > > government out of the health care business, including all of their > > > rules and regulations. Close down Medicare. Give people choice. > > > Require everyone to have a health care insurance policy and subsidize > > > it for the poor. Minimum government involvement, minimum liability > > > and maximum choice is all it takes. > > > > On Aug 8, 8:49 am, Hollywood <[email protected]> wrote: > > > > > Richard, > > > > > Good system, but this isn't Switzerland, is it? Give me Switzerland's > > > > health care system and I'll consider that quite reasonable. But I want > > > > Switzerland's health care system FIRST. > > > > > On Aug 8, 10:38 am, RICHARD BROWN <[email protected]> > > > > wrote: > > > > > > It Switzerland you can sue for actual damages and reasonable attorney > > > > > fees, much like in worker's compensation. Even though they are a very > > > > > expensive country ($25 defacto minimum wage) they have about the > > > > > finest health care in the world at 40% less than the U.S. and everyone > > > > > has an insurance policy. > > > > > Tort reform is very much needed. In my business, private > > > > > investigations, I was required to have $1 million liability insurance > > > > > policy. The cost, even though we were not armed like security guards > > > > > and did not have contact with the public, was nearly $1,000 per > > > > > month.per employee. Before all the suits it cost me $700 per year for > > > > > the entire company. I knew a lot of doctors who complained about the > > > > > same thing, as did the insurance companies. Liability medical > > > > > insurance has skyrocketed. When it happened in CA, governor Jerry > > > > > Brown (D) passed tort reform to limit damages to $250,000. In Florida > > > > > an OB/GYN can spend $200,000 per year for malpractice insurance. If > > > > > they deliver 50 babies that cost is passed on at $4,000 per newborn. > > > > > Not an insignificant cost, wouldn't you say? > > > > > > On Aug 8, 6:59 am, Hollywood <[email protected]> wrote: > > > > > > > Richard, > > > > > > > There are doubtlessly many, many areas within healthcare where > > > > > > savings > > > > > > can be achieved. One factor in huge medical malpractice insurance > > > > > > premiums is greedy insurance companies. How come no one wishes to > > > > > > address that? > > > > > > It's a "frivilous" lawsuit when a judge or a jury SAYS it is, not > > > > > > before. > > > > > > > On Aug 7, 7:30 pm, RichardForbes <[email protected]> > > > > > > wrote: > > > > > > > > Hollywood - > > > > > > > > One of the places where there can be real cost savings wrung from > > > > > > > the > > > > > > > system is regarding the malpractice area. At present, huge > > > > > > > malpractice insurance policies are funded through the costs of > > > > > > > procedures. In addition, the risk management often results in > > > > > > > procedures that do little but innoculate the doctors. Tort > > > > > > > reform is > > > > > > > not designed to excuse incompetent doctors, but rather to end > > > > > > > frivilous lawsuits. I am certain that you under estimate how much > > > > > > > this adds to healthcare costs. It would shock you. > > > > > > > > On Aug 7, 5:13 pm, Hollywood <[email protected]> wrote: > > > > > > > > > jgg, > > > > > > > > > I seriously doubt that Health Care reform will eliminate > > > > > > > > stupidity and > > > > > > > > incompetence within the health care field. > > > > > > > > > On Aug 7, 3:42 pm, jgg1000a <[email protected]> wrote: > > > > > > > > > > I will listen because I can't... How can I take Obama and > > > > > > > > > the > > > > > > > > > Democrats serious about the seriousness concerning Health > > > > > > > > > Care reform > > > > > > > > > without Tort Reform??? Or perhaps will I be reported to the > > > > > > > > > WH > > > > > > > > > snitch line for actually expecting a debate on issues > > > > > > > > > surrounding > > > > > > > > > Health Care???- Hide quoted text - > > > > > > > > > - Show quoted text -- Hide quoted text - > > > > > > > > - Show quoted text -- Hide quoted text - > > > > > > - Show quoted text -- Hide quoted text - > > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
