With all the hysteria surrounding pretty much anything political these days, including the new healthcare bill, what has evaded the focus of many is the tort reform bill being voted on by the House next week. See the bill's text:
https://www.congress.gov/115/bills/hr1215/BILLS-115hr1215rh.pdf
If interested, call your rep. While some of it may be crude and only applies to government funded/subsidized programs, this may be the only time we see this opportunity in our lifetimes. Estimates vary, but a comprehensive study I saw out of Health Affairs puts defensive medicine spending at $55B annually. While just a drop in the bucket of our $3T plus healthcare spending every little bit helps. What is more is the level of psychological interference litigation poses on the doctor-patient relationship and proper decision-making. We've enjoyed a nice lull in premiums since the insanity of the early 2000s, but one never knows when the next premium scourge will come, especially since premiums are tied more to bond returns in insurer's portfolios than they are quality of care, something we have no control over. Anyhow, thought this might raise some eyebrows.
https://www.congress.gov/115/bills/hr1215/BILLS-115hr1215rh.pdf
If interested, call your rep. While some of it may be crude and only applies to government funded/subsidized programs, this may be the only time we see this opportunity in our lifetimes. Estimates vary, but a comprehensive study I saw out of Health Affairs puts defensive medicine spending at $55B annually. While just a drop in the bucket of our $3T plus healthcare spending every little bit helps. What is more is the level of psychological interference litigation poses on the doctor-patient relationship and proper decision-making. We've enjoyed a nice lull in premiums since the insanity of the early 2000s, but one never knows when the next premium scourge will come, especially since premiums are tied more to bond returns in insurer's portfolios than they are quality of care, something we have no control over. Anyhow, thought this might raise some eyebrows.
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