Ah but I remember the case of one of the tort reform pioneers in the Midwest. He helped put a hard cap on what might be awarded by jury and when he suffered (eventually died early from it) terribly at the hands of incompetence, he didn’t even get enough to cover all his costs and compensate him for the horrific reduction in the quality of his life (and length.)
It’s easy to buy into the claim that it’s lawsuits that have jacked up our medical costs, when really it’s mostly the distortions of government-mandated regulations and intervention in that sector. Along with things like insurance being ‘expected’ and tied into employment.
The actual costs should be covered even into an unknown future. The MD, the hospital, the Insurance Companies, etc. should not be capped on actual.
It is the punitive money awards that sometimes seem excessive.
The professional cover-up by Medical Boards of bad MD’s is another big problem. Having a repeated offender loose is terrible.
We always talk to the RN’s, Dentists, EMT’s, OR tech’s...before medical staff decisions are made. The medical community knows who is good, bad, terrible...and why ( drugs, etc. )