CBO: Yes, Virginia, Malpractice Reform will save $54 billion

When the Congressional Budget Office reported that simple medical malpractice reforms — such as caps on non-economic damages in malpractice cases — would save the government $54 billion over ten years, Democrats balked. Sen. John Rockefeller, D-W.Va., demanded an explanation of how the numbers changed from a paper CBO published last year, which had arrived at mixed results regarding the question of savings from tort reform.

CBO has responded with a seven-page letter today explaining that newer studies were consulted in arriving at the new number. CBO arrived at a higher estimate for the reduction in malpractice costs, writes director Doug Elmendorf. It also considered savings that the new studies suggest comes from the reduction of defensive medicine by doctors fearful of being sued.

This doesn't work out so well for Democrats. CBO maintains that the low-hanging fruit when it comes to “bending the cost curve” is to pick on trial lawyers, an interest group that gives their party more than 95 percent of its political money.

Beltway ConfidentialUS

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

CalTrans settles lawsuit over homeless sweeps on state property

Settlement requires agency to give warning before taking property and assist with retrieval

Plan to relocate Bayview charter school meets with resistance

School district wants to move KIPP elementary to vacant Treasure Island school site

Black like Bey

SFMOMA showcases photographer Dawoud Bey’s beautiful, sociopolitical images

Musician shot by off-duty FBI agent on Haight Street speaks out

Man thought official was a ‘fake cop’

Newsom: California’s homelessness crisis ‘a disgrace’

Governor uses State of the State speech to call for new revenue to tackle problem

Most Read