New York Governor Cuomo Working to Reform Medicaid, Medical Malpractice with Caps on Damages

March 1, 2011 by matray

side note: Here's an unusual piece of politics. The Democratic Governor of New York, Andrew Cuomo, is proposing malpractice damage caps to heal the state's economic woes. With the intention of re-structuring New York’s Medicaid system, Governor Cuomo is urging various changes to how medical malpractice suits are resolved. Primarily, he wishes to limit awards at $250,000 per case, explaining this change alone may save upwards of $200 million in the following year. However, Sheldon Silver, Assembly Speaker, believes this change to be unnecessary and is working to block it from occurring. Officials believe it will be resolved, but the methods and the duration at which it may take are yet to be known. side note: Here is an unusual turn in politics. Democratic NY Gov. Cuomo is proposing a cap on damages to help the state's budget woe Many advocates of the new change explain that often times, lawsuits are extremely out of control and award much more money than could be justified by the damages. The proposed change by Cuomo looks to benefit the overall financial situation of the state, potentially resolving the severe budget issues that currently exist. continue reading

Posted in Democrats, Medical Malpractice, Medical Malpractice News, Medical Professional Liability Insurance, New York, Politics, The Economy, Tort Reform | Leave a comment

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