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How Tort Reform Cut Florida Workers' Compensation Costs

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Publication Date: August 2009

Publisher(s): National Center for Policy Analysis (U.S.)

Author(s): N. Michael Helvacian

Funder(s): National Center for Policy Analysis (U.S.)

Funder(s): National Center for Policy Analysis (U.S.)

Series: BA673

Topic: Economics (Economic research)

Keywords: tort reform; compensation

Type: Brief

Abstract:

Could tort reform reduce health care costs? Using the legal system to resolve patient injury claims is expensive and inefficient. The cost of litigation - principally attorneys' fees - raises claim costs, adding billions of dollars a year to premiums for workers' compensation and health insurance.