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Transcript of News With Brian Williams
CNBC
January 16, 2003
WILLIAMS: Ms. Doroshow, the other side of this, what good is a free
and open system that allows, in cases of wrongdoing, penalizing
doctors to the point of not having doctors to go to because of what
everyone has to pay for this?
JOANNE DOROSHOW, INSURANCE REFORM ADVOCATE: Well, you know,
there's no question that in certain areas, doctors are being price-gouged,
and it's outrageous, and it's -- the causes and the solutions to
this lie exclusively with the insurance industry.
The only state that really has enacted strong insurance regulatory
reform happens to be California. That's why rates are more moderate
in that state. That particular law, the cap on damages that was
discussed, which is something now that President Bush wants to impose
on the entire nation, has had absolutely catastrophic consequences
for many families with horribly injured children due to medical
errors who now are only getting a fraction of the money they need
to take care of these children.
And then you look at a state like Missouri that has the exact same
kind of lawsuit restrictions that are in effect in California and
have been in place for a number of years. That state is having the
worst insurance crisis in the state's history.
Clearly, limiting the rights of catastrophically injured children
to get adequate compensation is not going to solve an insurance
problem the doctors have.
For a copy of the complete article, contact CJ&D.
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