Medical Liability Reform in 'Gang of Six' Debt-Reduction Plan
side note: With the United States on the verge of defaulting on its debt, and several plans for raising the debt limit still being debated by Congress, one plan includes reforming the nation’s medical liability system as a means of reducing healthcare expenses. While the details of the plan being promoted by the “Gang of Six” is still hazy, many in the medical professional liability insurance industry are praising the plan.
With less than two weeks before default, no one knows if this plan will be able to pass. As soon as this bill is voted on, we will post the result.
Rockville, MD – July 20, 2011 – The Physician Insurers Association of America (PIAA), the national insurance industry trade association representing medical professional liability (MPL) insurance companies, today spoke out in strong support of the inclusion of medical professional liability (MPL) reform in the Senate’s “Gang of Six” bipartisan debt-reduction plan.