Letters To Editor Address New York Times Editorial About U.S. Health Care Costs

Main Category: Health Insurance / Medical Insurance
Also Included In: Public Health
Article Date: 29 Nov 2007 - 8:00 PDT

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'Letters To Editor Address New York Times Editorial About U.S. Health Care Costs'

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The New York Times on Wednesday published letters to the editor addressing a Nov. 25 editorial that discusses rising health care costs in the U.S. and possible ways to improve the nation's health care system. Summaries of several letters appear below.
Reprinted with kind permission from http://www.kaisernetwork.org. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery at http://www.kaisernetwork.org/dailyreports/healthpolicy. The Kaiser Daily Health Policy Report is published for kaisernetwork.org, a free service of The Henry J. Kaiser Family Foundation© 2005 Advisory Board Company and Kaiser Family Foundation. All rights reserved.

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Kaiser. "Letters To Editor Address New York Times Editorial About U.S. Health Care Costs." Medical News Today. MediLexicon, Intl., 29 Nov. 2007. Web.
26 May. 2012. <http://www.medicalnewstoday.com/releases/90149.php>

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Kaiser. (2007, November 29). "Letters To Editor Address New York Times Editorial About U.S. Health Care Costs." Medical News Today. Retrieved from
http://www.medicalnewstoday.com/releases/90149.php.

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Everone pays medical megasettlements

posted by Jerry Cook on 22 Nov 2010 at 4:26 pm

There are many TV ads from lawyers claiming large cash settlements available from a variety of medical sources. These rewards are in the 10`s of millions of dollars. Much of which reflect amounts of money far beyond what the recipients would ever earn in their lifetimes. As a result of this threat insurance companies use large teams of lawyers to protect themselves, doctors and hospitals are sold expensive insurance policies to defend themselves, and we the patients are given overpriced bills to pay for it all.

Most people who go to a hospital or doctor never sue. So why not have a more practical and realistic approach reaching a fair settlement? A formular can be used based upon earned income. NYS uses one to determine child support payments.

A formula could reflect an estimated amount earned by the injured or deceased from time of disability or death to retirement age. Make it a lump sum payment, of course cover medial bills, etc.. That fair lump sum can now be invested by the recipients to produce additional income.

If a working formula can be arrived at many positive things can result from it. Like years of litigation would no longer be necessary, payments to receptiants would be much quicker, large chunks of settlement payments would not be paid to lawyers, overpriced premiums would not be passed on to the rest of us all over America, and most important of all lawyers would no longer be responsible for inflated medical cost which they should have no bussiness in in the first place. I keep hearing talk by politicians about high cost but not one word towards removing these lawyer motivated megasuits all of us suffer from. Without these suits 100`s of millions would be saved making health care in this country more affordable.

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