It has been quiet lately on the tort-reform front. So quiet, in fact, that one could be forgiven for thinking we had this problem licked.
Suing doctors is getting easier to finance, too. Possibly the most disgraceful and little-noticed development of the last few years is the emergence of hedge funds that actually invest in large malpractice lawsuits, taking a big chunk of any award out of the patient’s pocket. According to Forbes, such investors injected $1 billion into lawsuits, including med-mal suits, in 2010.
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