The information is out there.
I no longer have the link, I supplied it in a previous thread, but the former Chairman of the AMA has said 1/3 to 1/2 of our annual HC costs could be reduced with decent tort reform. It's not the malpractice premiums, it's the redundant and excessive & unnecessary procedures physicians' prescribe or allowing patients to insist on because physicians fear suits. Put yourself in their shoes, why deny the (unnecessary) procedure/visit etc when it costs them nothing (actually is just more billable services) and may help ward off a lawsuit?
The below is related to the above:
I saw a Congressman last night on cable news, he is part of the Physicians' caucus (apparently we have 19 doctors serving now in Congress). His name is Murphy. Apart from his (and another doctor's complaint) that Obama will not meet with them or let them attend this HC summit, he spoke of where real savings are to be obtained.
The New england Institute has estimated approx $700 - 800 billion can be saved
annually by implementing clinical standards. Their study found huge variations in patient care for chronic diseases among different regions/hospitals etc, sometimes running into the hundreds of thousands of $'s per patient. Only 4% of the variance was attributable to legit/explainable causes.
Their suggestion is the various groups such as the Academy of Surgeons etc be made to set clinical standards for the treatment of chronic diseases. Chronic diseases account for 95% of medicare and 75% of all HC expenditures.
Link:
http://www.foxnews.com/story/0,2933,587208,00.html
I.e., the medical profession is freakin mess. I'm shocked that they lack national standards, everyone just doing what they want. It seems to me the place for HC reform is fixing that. Other professions (i.e., accounting/CPA's) have national standards that must be adhered to. Under CPA standards, doing excessive audit procedures will get you into as much trouble as doing too few/inadequate procedures
With standardized procedures physicians should be better able to defend themselves in worthless lawsuits (the vast majority are dismissed or the doctor wins). You properely follow the standards, you're 'safe'.
IMO, HC reform should mandate the appropriate medical academies develop standards, then some tort reform giving physicians 'safe harbor' if they follow those procedures properly
We could do this in something like a 2 page frickin bill. The heavy lifting would be at the academies, but who better than physicians to set medical care standards?
BTW: when you look at studies claiming tort reform is chump change, notice what they focus on - malpractice insurance fees, attorney court costs and damages. But the real money is obviously in 'defensive medicine'.
Fern