Another view of the recent Illinois Supreme Court verdict on Medical Malpractice Insurance
side note: Here’s a good look at the potential impact — or lack thereof — by the Illinois Supreme Court decision on medical malpractice caps.
Although medical malpractice awards climbed in the years before Illinois put limits on them, opponents disagree on the impact of the recent Supreme Court’s ruling striking down the caps.
The average award for emotional harm in medical malpractice cases increased 437 percent in the seven years leading up to creation of the 2005 law capping non-economic damages, according to data from the Cook County Jury Verdict Reporter. Rates were highest in 2004, the year before award caps were enacted, with an average award of $4.8 million.
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