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October 28, 2004


Wyoming med-mal study

The Milliman actuarial firm projects what will happen if Wyoming enacts a cap on non-economic damages. According to Martin Grace's summary, the study's simulation model "suggests that the cap [at a level of $250,000] will reduce losses and loss adjustment expenses by about 15%."

Posted by Walter Olson at 01:06 AM | TrackBack (0)



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Medicine and Law
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Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.