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September 25, 2004
Tort reform works - Mississippi
Another success story: Mississippi, a state with a notoriously plaintiff-friendly judicial system, but which passed medical tort reform in 2002, and then more tort reform that took effect September 1, is seeing immediate results.
The Medical Assurance Co. of Mississippi, which provides medical malpractice insurance to about 60 percent of the doctors in the state, will not raise base premium rates in 2005.
Insurance Commissioner [and Democrat] George Dale said Friday that the decision shows that "those people who said that tort reform would not work and actively fought any civil justice reform, I think this indicates they were wrong."
MACM, like many malpractice insurers, is physician-owned and non-profit. (AP, Sep. 24).
Posted by Ted Frank at 06:26 AM
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