|
Report: State Tort Reforms Don't Lower Premiums For Doctors or Patients |
|
|
|
Thursday, December 10, 2009 |
Insurance company profits 24% higher in states with severe restrictions on patients' rights
Washington, DC-AAJ —State tort reforms have provided a boon to insurance companies, leading to record profits while physician and patient premiums continue to skyrocket.
An analysis of data from the National Association of Insurance Commissioners (NAIC) and company annual statements shows malpractice insurer profits are 24 percent higher in states with caps. In these cap states, insurers took in 3.5 times more in premiums than they paid out in 2008. In contrast, insurers in states without caps took in just over twice what they paid in claims.
The findings also show absolutely no correlation between the cost of malpractice premiums and health insurance premiums.
|
|
Read more...
|
|
|
New Data Shows Tort Law Changes Won't Reduce Malpractice Premiums |
|
|
|
Tuesday, November 10, 2009 |
Insurance companies lobby to limit patients' legal
rights, yet never pass savings onto physicians or
consumers
Washington, DC- AAJ - Tort law changes have failed to reduce
malpractice insurance costs, and states with caps on damages often have higher
premiums than states without caps, according to an analysis of just-released
liability data.
While insurance companies have claimed tort law changes would
lower physicians' premiums, this has not been the case. There is either no
difference in rates between cap and non-cap states, or cap states actually have
higher premiums - underscoring how a state's liability laws play no role in
lowering insurance or overall health care costs. Doctors' premiums rise and
fall based on the insurance cycle, totally unrelated to the legal
system.
|
|
Read more...
|
|
|
Report Details Corporations that Skirt Responsibility and Shun Consumer Safety to Save Money |
|
|
|
Wednesday, October 28, 2009 |
Washington, DC—AJJ - As the U.S. Chamber Institute for Legal Reform holds their annual summit – an event dedicated to championing corporate misconduct and evading accountability – a new report released today details true stories of corporations that knew their products were dangerous, yet failed to act and protect consumers.
“They Knew and Failed To” details numerous examples of medical devices, prescription drugs, and other consumer products that remained on the market after critical safety concerns had been raised within the company, while using all means necessary to avoid being held accountable for their misconduct.
In one example, police officer Tony Zeppetella of Oceanside, Calif. had
paid $313 to “upgrade” his standard bullet proof vest.
|
|
Read more...
|
|
|
Michael A. Bryant Elected President of the Minnesota Association for Justice |
|
|
|
Tuesday, September 01, 2009 |
 The Minnesota Association for Justice elected Michael Bryant as the association's President at its Annual Convention in Alexandria, Minnesota.
With a theme of "The Truth About Justice" Mr. Bryant pledged to show the facts about civil trials and improving the information available to jurors in Minnesota. The Minnesota Association for Justice is dedicated to the Constitution's guarantee of justice for all and promotes that mission in all of its work.
|
|
Read more...
|
|
|
Real Life David v. Goliath: Parents of Injured Five-Year-Old Girl v. Medical Device Manufacturers |
|
|
|
Monday, March 09, 2009 |
Washington, DC— AAJ - Patients, including parents of a five-year-old girl that suffered injuries from a defective medical device, will be able to hold manufacturers accountable in state courts through new legislation introduced today, according to the American Association for Justice.
The Medical Device Safety Act, sponsored by Senator Edward Kennedy (MA-D) and by Rep. Frank Pallone (NJ- D) and House Energy and Commerce Committee Chairman Henry Waxman (CA-D) would restore the right to seek justice for victims of faulty medical devices like heart defibrillators, artificial valves, and prosthetic knees and hips.
|
|
Read more...
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
| Results 21 - 25 of 56 |
Issues & Press