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I'd be curious as to how many 5+ million dollar settlements are paid out EACH year verses the number of insurance executives pulling in more than that....hmm
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Enough to give $44 million to the presidential campaign last year. Of course their spending on congressional candidates and lobbying makes that look miniscule. No single group, not one, gives more money to our politicians than lawyers. What do you think they're getting for that?
Doctors run tens of millions in unneeded tests and analyses every year to protect themselves from lawsuits. Most have been forced to band together in order to afford malpractice insurance. A single practitioneer is about as rare as a diving board in a community pool. I presume you know why there are no more diving boards in this country.
Insurance companies don't need to worry though. Obama is proposing to bail them out with taxpayer money if the young and healthy don't sign up (and, obviously, they will not). That industry donated a lot of money to him too. In fact, that industry
wrote the "Affordable" health care act.
No other country in the world has a tort system like ours. And that's a big reason why their healthcare costs less. Not the only reason, of course, but certainly a big one. The ACA protects everyone's interests except one- the patient.