Well, it’s been 7 months since I’ve posted. I decided to wait until we received a decision on the medicare replacement plan matter. Unfortunately we still haven’t received a decision. Since that time though I have gotten some interesting information.
Between 2005 and 2008 Plaintiff’s have paid back over 1 Billion Dollars to the Medicare trustee. What does that mean? It means that Plaintiffs and their attorneys were successful in having third party tortfreasors pay Medicare over 1 Billion Dollars in just 4 years. It means that contrary to the statments of people in favor of tort reform, (or more accurately deform) the work of Plaintiff’s and their attorneys are helping the U.S. Treasury. We are helping to decrease the federal budget deficit and are helping to fund Medicare.
I’ve yet to hear a person in favor of tort reform give an accurrate figure as to how much it will cost the treasury or the Medicare Program.
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