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More unfairness from California's medical malpractice laws.
Posted by: Michael A. Kelly
March 25, 2008
Topic: California Malpractice Unfairness
Trustees for the government's two biggest benefit programs warned today that Social Security and Medicare are facing "enormous challenges," with the threat to Medicare's solvency far more severe than previously expected. This is yet another reason to change the unfair and discriminatory California Medical Malpractice laws. The reason being that, under these laws, careless and negligent health care providers get a "credit" against their personal liability for expected government benefits. If, as this news makes me worry, it turns out that the injured patient does not actually get the forecasted government benefits, the defendant medical care provider gets a credit for payments that in fact are never made.
Resources in the Social Security trust fund will be depleted by 2041. The reserves in the Medicare trust fund that pays hospital benefits were projected to be wiped out by 2019. The trustees warned that financial pressures will begin much sooner when the programs begin paying out more in benefits each year than they collect in payroll taxes.
The first year that payments will exceed income for Social Security will occur in 2017, just nine years from now, reflecting growing demands from the retirement of 78 million baby boomers. Frighteningly, Medicare is projected to pay out more than it receives in income starting this year.
Treasury Secretary Henry Paulson, one of the trustees, warned that the country was facing a fiscal train wreck unless something is done.
Simply put, thousands of California malpractice victims will be punished again when that train wreck comes to pass-when the supposedly guaranteed money runs out, the medical malpractice insurance companies will be laughing all the way to the bank!
