By Scott Hobson – Lawsuit Reform Alliance of New York
A recent study by the Kaiser Family Foundation research group uncovered some disturbing facts – the average premium for health insurance for a family of four increased 9% in just one short year. Average families, the report found, now pay over $15,000 per year for health insurance.
How did we get here? An undeniable reason healthcare is so expensive is the practice of defensive medicine and the proliferation of massive legal settlements – health care providers are ordering unnecessary tests and procedures for fear of being sued. In America, the most litigious country in the world, we spend $50 billion each year on unnecessary “defensive” procedures. Without medical malpractice reform, healthcare costs will continue to crush our economy while every American pays for million-dollar lawsuits against our best and brightest.
A recent article in the New York Times about this study questions the reason behind these climbing rates.