Trial lawyers are the second biggest donor to the Democrats’ Political Action Committee, trailing only the union bosses of the IBEW.
The “lawsuit industry” gives more money (roughly $127 million in 2008) to Congress than every sector of the health care industry, combined.
Medical malpractice costs continue to skyrocket to new historical highs, growing far faster than any other component of health insurance premiums.
Which makes the percentage of your health premium going to pay for the trial lawyers’ mansions roughly 75%.
And trial lawyers bring in more money than either Microsoft or Pfizer.
Tort reform is an easy way to reduce health care costs without destroying the entire system.
But Congressional Democrats — in their current addled state — won’t have a bit of it. They require money, power and control. And the trial lawyers continue to provide them with sustenance.
The current health care “reform” bill(s) do not contain a single line regarding tort reform. This, despite the Congressional Budget Office suggestion that it could could save billions over the next decade.
One more practical, piecemeal solution to real reform not being addressed by the 7 people involved in crafting the health care clusterfucks/bills behind closed doors.