Weiss: Award Caps Don't Stop Med Mal Hikes

NU Online News Service, June 2, 3:58 p.m. EDT?Caps on jury awards for non-economic damages in medical malpracticelawsuits do not slow the pace of increasing insurance rates,according to a white paper released by a rating firm.

Across the nation many state physician groups have askedlegislators to enact non-economic damage limits, but Weiss RatingsInc., Palm Beach Gardens, Fla., said its study found that whilesuch caps slowed the payouts by insurance companies, it did nottranslate into smaller premiums for doctors.

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