June 30, 2017
Atlanta—Today, the Job Creators Network (JCN) applauds the passing of the Protecting Access Care Act (H.R. 1215)—which limits medical malpractice liability for non-economic damages to $250,000. If made law, the bill will rid the system of over $50 billion of unnecessary spending used to protect our medical professionals from frivolous lawsuits. These savings would be passed on to the consumer in the form of lowering healthcare premiums by as much as a third. The Senate should pass this bill as soon as possible.
Alfredo Ortiz, JCN president and CEO, released the following statement:
The healthcare system is currently bogged down by unnecessary spending on medical malpractice insurance to protect doctors from what is essentially unlimited liability. By capping the financial burden that can be placed onto medical professionals, malpractice insurance premiums will be reduced and inject savings into the healthcare system in general—lowering costs and making healthcare more affordable for everyone. While the media focuses on comprehensive healthcare reform, this important victory for middle class Americans struggling with healthcare bills shouldn’t go unnoticed. It will drastically cut premiums without a single person losing their health insurance. The Senate should pass it as soon as possible.