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June 2007 (Volume 85)
June 2007 | Jeffrey O'Connell
Like damages caps, early offer reform promises reduction in the costs of medical liability cases. In contrast to damages caps, early offer reform offers advantages to both claimant and defendant. Under early offer, the defendant would have the option to offer an injured patient periodic payments for the patient’s net economic losses as they accrue, but not payments for noneconomic losses (pain and suffering). If an early offer were made and accepted, that would settle the claim. This commentary explains how an early offer reform might work and summarizes data from a recent closed claim study of medical malpractice cases in Texas and Florida. The data show widespread opportunities for successful early offers and provide evidence that substantial per case savings would result.
Author(s): Jeffrey O’Connell
Keywords: medical malpractice; liability; tort reform
Read on Wiley Online Library
Read on JSTOR
Volume 85, Issue 2 (pages 287–296)
Published in 2007
Commentary: Malpractice Reform in Policy Perspective
Damages Caps in Medical Malpractice Cases