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1099 Repeal, Medical Liability Bills AdvanceUS CHAMBER FREE ENTERPRISE MAGAZINESeparately, the House Judiciary Committee approved a comprehensive medical liability reform bill that will now go to the full House for consideration. H.R. 5, the Help Efficient, Accessible, Low-cost, Timely Healthcare (HEALTH) Act, would help relieve a significant portion of healthcare costs imposed by a clearly broken medical liability system. The legislation would cap awards for pain and suffering and other non-economic damages at $250,000. In addition, it would cap punitive damages at the greater of two-times economic damages or $250,000. It would also institute a system of proportional liability in medical liability cases, among other key reforms. | |
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