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(CNSNews.com) - A New York-based law firm predicts that Obamacare will increase the number of medical malpractice claims, as physicians are flooded with millions of previously uninsured patients.
James A. Morris, Jr., a plaintiffs' attorney with a mass-tort and personal-injury litigation law firm in New York, said he believes that many doctors and hospitals are ill-prepared for the increased caseload stemming from an estimated 20 million to 40 million uninsured Americans who soon will gain coverage.
"I think there's no question that medical errors will happen on a more frequent basis once the Affordable Care Act takes full effect in either 2014 or 2015 and those individuals and families who were previously uninsured sign up for coverage," said Morris in a news release "The more people you have accessing medical care, the greater the potential incidence of medical mistakes in which injuries or death occur," he added. .....[story continues]
Between 1992 and 2003, the total amount of malpractice payouts rose from under $3 billion, to a whopping $4.8 billion. Since 2003, however, the total payout amount for malpractice cases has steadily declined. In 2011, it was about $3.7 billion, according to the report. This is likely due to the passage of malpractice payout caps in many states. In 2011, nearly 30 states had implemented such caps, according to the American Medical Association.