Download or read book TORT REFORM AND INSURANCE MARKETS written by Yu Fang and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three waves of tort reform occurred during mid-1970s, mid-1980s and early 2000s to deal with the liability "crises". The inflationary pressures drove up the medical costs and social inflation pushed up the damage awards size, which led to the tort reform waves. We could see a potential today when the inflation continues to increase. Tort reforms have been widely studied for its impact on the litigation costs and benefits, through which physicians and insurers' liability burden can be affected. While the liability markets have been relatively calm recently, legislative and academic debates over the efficacy of tort reforms and how they influence litigation behavior is not yet resolved. Whether tort reforms work to reduce the medical expenses and exert spillover effect on other insurance line market needs to be tested. A thorough analysis of tort reforms effect will benefit policymakers, regulators, insurers, and physicians and patients. This dissertation consists of three chapters to study how tort reforms affect the insurance markets, with a focus on health insurance markets. Chapter 1 assesses whether the effect of tort reform on the healthcare expenditures depends on the contract conditions under which physicians are paid for their professional services. Chapter 2 explores the potential for tort reforms to improve health insurers' performance by boosting their efficiency. Chapter 3 looks at other types of state reforms and policies influencing liability costs to assess the effect on both medical liability and health insurance markets.
Download or read book Tort Reform and Insurance Markets written by W. Kip Viscusi and published by . This book was released on 2003 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Distribution of the Insurance Market Effects of Tort Liability Reforms written by Patricia Born and published by . This book was released on 1998 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consolidation Insurance Coverage and Tort Reform in Health Care Markets written by Asako Shimazaki Moriya and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Liability Insurance and Tort Reform written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Urban Affairs and published by . This book was released on 1986 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Covering Accident Costs written by Mark Rahdert and published by Temple University Press. This book was released on 2010-06 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debate over the structure of tort law and victim compensation.
Download or read book Tort Reform Analysis 2 written by Cecelia Mason Coleman and published by Univ Texas at Austin Lyndon B. This book was released on 2000 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tort Reform Analysis written by Alice R. Zimmerman and published by Univ Texas at Austin Lyndon B. This book was released on 1998-01-01 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Insurance Antitrust Tort Reform Report written by and published by . This book was released on 1990 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report of the Joint Subcommittee Studying the Liability Insurance Crisis and the Need for Tort Reform to the Governor and the General Assembly of Virginia written by Virginia. General Assembly. Joint Subcommittee Studying the Liability Insurance Crisis and the Need for Tort Reform and published by . This book was released on 1987 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Liability written by Robert E. Litan and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States has recently witnessed an explosion of personal injury lawsuits involving medical malpractice, unsafe products, and widespread environmental hazards. Jury awards and out-of-court settlements have escalated in many cases to hundreds of thousands of dollars. At the same time, premiums for liability insurance have skyrocketed. As a result, physicians have cut back services and some municipalities and businesses have been denied liability coverage altogether. Some experts claim that only fundamental reform of the nation's civil justice system will end this "insurance crisis." But critics of such wholesale judicial reform contend that the insurance industry has launced a "tort reform" campaign to cover its own past underwriting mistakes. Liability brings together economists and experts in liability law and the insurance industry to assess the merits of the conflicting positions and to formulate sound public policy. Led by Robert Litan and Clifford Winston, the contributors describe the major changes that have contributed to the insurance crunch and set forth a methodological framework for evaluating the debate over the current liability system. They conclude that increases in premiums and cutbacks in coverage have been real but selective; that the forces in the judicial system responsible for rising liability costs are not readily subject to change; and that we know too little about the cost and benefits of the current tort system to replace it with an alternative compensation program.
Download or read book The Effects of Tort Reform on Medical Malpractice Insurers Ultimate Losses written by Patricia Born and published by . This book was released on 2006 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the effects of tort reforms on the losses of insurance companies that write medical malpractice policies, by analysis of the companies' annual reports to the National Association of Insurance Commissioners, 1984-2003.
Download or read book Legislative Resource Book for Tort Reform written by and published by . This book was released on 1986 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book America s Tunnel Vision written by Michael Townes Watson and published by Americas Tunnel Vision. This book was released on 2006 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: Filled with information that the average consumer does not know about the healthcare system. Essential knowledge about how the insurance companies have taken over our nation's healthcare and are now taking over the legal system. Politics, history and current events all rolled into one fact-filled book that will show the average consumer what he needs to know to protect himself and his family from the potentially devastating consequences of poor healthcare choices and practices. An analysis of how our legal
Download or read book Mealey s Litigation Reports written by and published by . This book was released on 1987 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Health Care Reform written by United States. Congress. House. Committee on Commerce. Subcommittee on Health and the Environment and published by . This book was released on 1996 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medical Malpractice Litigation written by Bernard S. Black and published by Cato Institute. This book was released on 2021-04-27 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Drawing on an unusually rich trove of data, the authors have refuted more politically convenient myths in one book than most academics do in a lifetime." —Nicholas Bagley, professor of law, University of Michigan Law School "Synthesizing decades of their own and others’ research on medical liability, the authors unravel what we know and don’t know about our medical malpractice system, why neither patients nor doctors are being rightly served, and what economics can teach us about the path forward." —Anupam B. Jena, Harvard Medical School Over the past 50 years, the United States experienced three major medical malpractice crises, each marked by dramatic increases in the cost of malpractice liability insurance. These crises fostered a vigorous politicized debate about the causes of the premium spikes, and the impact on access to care and defensive medicine. State legislatures responded to the premium spikes by enacting damages caps on non-economic, punitive, or total damages and Congress has periodically debated the merits of a federal cap on damages. However, the intense political debate has been marked by a shortage of evidence, as well as misstatements and overclaiming. The public is confused about answers to some basic questions. What caused the premium spikes? What effect did tort reform actually have? Did tort reform reduce frivolous litigation? Did tort reform actually improve access to health care or reduce defensive medicine? Both sides in the debate have strong opinions about these matters, but their positions are mostly talking points or are based on anecdotes. Medical Malpractice Litigation provides factual answers to these and other questions about the performance of the med mal system. The authors, all experts in the field and from across the political spectrum, provide an accessible, fact-based response to the questions ordinary Americans and policymakers have about the performance of the med mal litigation system.
