In Massachusetts and Rhode Island, to name two states, interest accumulates on medical malpractice judgments at an astonishing 12 percent per annum, which may have made sense in the days of high inflation but in an era of 6 percent mortgages is pretty much a straight subvention to plaintiffs and their lawyers. A change to more realistic interest rates is, of course, bitterly resisted by the trial lawyers' lobby. ("Mass. May Cut Interest Paid on Med-Mal Awards", Insurance Journal, Jun. 16; more at ATRA (PDF) (via Martin Grace); "Doctors Pushing For Medical Liability Reform", TurnTo10.com (R.I.), Jun. 8.
Reforming pre- and post-judgment interest
- Trial lawyers lobbying heavily to block federal medical liability reform
- The House medical liability reform bill comes in, unfrivolously
- In the House, a medical liability debate
- A frank admission of an association's woes
- Retention battle ahead for Illinois justice?
- The medical liability language in the health care law
- Propositions that may be sold to constituents dep't
- On medical liability reform, a base misrepresentation
- More than a mention
- Medical liability reform mentioned, in passing, sort of
- New York: "Malpractice needs a genuine fix"
- Philip Howard in WSJ on medical liability politics
- NEJM: "The Role of Medical Liability Reform in Federal Health Care Reform"
- MICRA's constitutionality
- Medical liability reform "on the table"