Policymakers and the public may exaggerate the role of medical malpractice liability in the rising cost of medical care. That’s the conclusion of two recent studies on healthcare tort reform, one by the Congressional Budget Office (CBO) and the second by the National Bureau of Economic Research (NBOE).
For years, the American Medical Association has claimed that eliminating defensive medicine could save upwards of $200 billion in healthcare costs annually... [1049 word article, December 2009]