Regarding the surplus of Texas physicians:
What happened next is worth remembering the next time you feel cynical about politics. The legislature took steps to make it cheaper, and they worked.
Our state leaders effectively lowered the cost of medical malpractice insurance 20 percent by capping the awards for “non-economic” damages that lawyers could win against doctors. Runaway verdicts became a thing of the past. The medical malpractice lawsuit surge stopped, and a stream of doctors started.
More from Investor’s Business Daily.