Medical malpractice tort reform could reduce total healthcare premiums by 2.6 percent and employer health care costs by 3.5 percent, according to a study released to the Daily Caller News Foundation.
The American Action Forum (AAF) conducted a study exclusively examining tort reforms related to medical malpractice to determine the effects on the healthcare costs that employers and employees pay. Pulling data from 45,000 Americans, the study used economic regression analysis to examine the overall healthcare premium costs, costs to employers, and costs to employees.
President Barack Obama spoke on America’s “excessive defensive medicine” in a 2009 speech, explaining that it “reinforces our current system.”
“The cost of our health care is a threat to our economy. It’s an escalating burden on our families and businesses,” he explained. “It’s a ticking time bomb for the federal budget. And it is unsustainable for the United States of America. I want to…shift to a system where we are providing better care, simply, rather than simply more treatment.”
Speaker of the House Paul Ryan echoed the president’s concerns about the need for healthcare reform in the “Better Way” policy proposals laid out in early 2016.
Content created by The Daily Caller News
Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact firstname.lastname@example.org.