Friday, March 10, 2006

Medical malpractice caps have little effect on rates, according to a Harvard Economist who studies the issue:
[Harvard economist] Chandra particularly attacks the doctors' argument that higher malpractice payments, which can result from having no cap, directly lead to higher liability insurance rates. "The relationship between these two variables that people have argued is tight is actually very weak," he said.

No surprise here.

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