I would say likely premium for whole practice as well. OR, his friend has had so many malpractice awards ordered against him that his premium is that high now, lol. On the matter of malpractice insurance: many people claim that runaway punitive jury awards to malpractice victims are what is driving insurance up so high. I understand the math behind this argument. In TX, malpractice damage awards have been capped at $250k for years now. No matter what: negligence, gross negligence, surgeon sewed you back up and forgot his x-ray machine or rusty scalpel collection inside your body, all you can get is $250k. The argument over and over was that this was necessary to make insurance cheaper. However, insurance has not gotten cheaper in TX now that the cap is in place. For some specialties it may have come off a little bit, but not anywhere near what you'd think it would, given the new actuarial impossibility of a $5 billion jury award. what's up with that???
If he did, which he won't, it would be the first time in the history of the US federal government that they actually fixed a problem, and did it with fiscal/financial efficiency. The federal government/congress does NOT fix problems people. Never has and never will. They create problems, always have and always will. They do not, will not reduce costs. Never have and never will. Even if they really wanted to, which they don't, they don't even know how. There are some valid arguments on both sides of the health care debate. But BO and congress have NO interest whatsoever in improving the health care system or the lives of the citizens. They won't even participate in the plan they want to shove down our throats, same with SS. They only care about power, control, intrusion and votes.
True. If government is so good at providing better health care at a lower cost, then why is are medicare and medicaid 7x more expensive than projected and the care (at least for medicaid) so miserable? If this government plan is such a cost saver, then why do they need such Draconian tax hikes? Aren't we supposed to be <i>saving</i> money from all of this? If government is so great at covering everybody, then why are there so many uninsured when medicaid is supposed to cover those who can't afford private insurance? And if government provided health care is so much better, faster and cheaper, then why did congress opt into it? Why didn't they UNANIMOUSLY vote to subject themselves to this health care scheme?
And if government provided health care is so much better, faster and cheaper, then why didn't congress opt into it? Why didn't they UNANIMOUSLY vote to subject themselves to this health care scheme?