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

Baseball Hall of Famer Willie Mays attends an event to honor the San Francisco Giants' 2014 World Series victory on Thursday, June 4, 2015, in Washington, D.C. (Olivier Douliery/Abaca Press/TNS)
Willie Mays turns 90: San Francisco celebrates the greatest Giant

By Al Saracevic Examiner staff writer I couldn’t believe it. Willie Mays… Continue reading

Ja’Mari Oliver, center, 11, a fifth grader at Harvey Milk Civil Rights Academy, is surrounded by his classmates at a protest outside the Safeway at Church and Market streets on Wednesday, May 5, 2021 in support of him following an April 26 incident where he was falsely accused by an employee of stealing. (Kevin N. Hume/S.F. Examiner)
School community rallies behind Black classmate stopped at Safeway

‘When you mess with one of us, you mess with all of us’

A warning notice sits under the windshield wiper of a recreational vehicle belonging to a homeless man named David as it sits parked on De Wolf Street near Alemany Boulevard on Friday, Aug. 31, 2018. A proposed SF Municipal Transportation Agency law would make it illegal for overnight parking on the side street for vehicles taller than seven feet or longer than 22 feet. (Kevin N. Hume/S.F. Examiner)
SFMTA to resume ‘poverty tows’ amid calls to make temporary ban permanent

Fines and fees hurt low-income, homeless residents, but officials say they are a necessary tool

Income from Shared Spaces will provide financial resources to the San Francisco Municipal Transporation Agency, according to its director, Jeffrey Tumlin. (Kevin N. Hume/S.F. Examiner)
SFMTA director says Shared Spaces serves transit agency’s financial interest

$10.6 million price tag for program raises concerns among transit agency’s board members

A broad coalition of tenants and housing rights organizers rally at Stanley Mosk Courthouse to protest eviction orders issued against renters Stanley Mosk Courthouse on Wednesday, Sept. 2, 2020, in Los Angeles, CA. (Irfan Khan/Los Angeles Times/TNS)
Federal judge strikes down CDC’s national moratorium on evictions

David Yaffe-Bellany, Noah Buhayar Los Angeles Times A federal judge in Washington… Continue reading

Most Read