http://overlawyered.com/2008/05/may-12-roundup/?utm_source=rss&utm_medium=rss&utm_campaign=may-12-roundup Chronicling the high cost of our legal system Sun, 27 May 2012 13:04:59 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://overlawyered.com/2008/05/may-12-roundup/comment-page-1/#comment-11838 William Nuesslein Mon, 12 May 2008 08:04:24 +0000 http://overlawyered.com/wpblog/?p=6211#comment-11838 I was pleased to see that tort reform through caps on damages seems to be working well in Missouri. The problem though is that few malpractice claims are actually valid. The present tort system provides adverse outcome insurance with a substantial lottery element. The insurance should be purchased by patients and not by doctors. Patients would balance the cost of insurance against a schedule of benefits before the insured event occurs. I was pleased to see that tort reform through caps on damages seems to be working well in Missouri. The problem though is that few malpractice claims are actually valid. The present tort system provides adverse outcome insurance with a substantial lottery element. The insurance should be purchased by patients and not by doctors. Patients would balance the cost of insurance against a schedule of benefits before the insured event occurs.

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