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Patients for Fair Compensation Study Finds $2.6 Trillion
in Healthcare Savings with New Medical Liability
Medicaid, Medicare Expenses Would Decrease $1
Replacing the American medical liability system with a no-fault,
Patients' Compensation System would create at least $2.6 trillion
in savings over 10 years, according to a new study released today
by the German economics firm BioScience Valuation.
The actuarial study, commissioned for Patients for Fair
Compensation, found that doctors would scale back the practice of
defensive medicine if the medical tort system were replaced with
one that is legally patterned after workers' compensation.
View the study results here: