InvestorsHub Logo
Followers 1
Posts 278
Boards Moderated 0
Alias Born 01/30/2001

Re: Indy708 post# 2605

Saturday, 06/30/2001 5:48:08 PM

Saturday, June 30, 2001 5:48:08 PM

Post# of 6491
Re: Indy - Fuzzy Math

< On the other hand if you have colon cancer and are being denied medical attention or pharmaseuticals because your HMO doesn't pay as good as someone with a PPO, now that is a life threatening pain in the ass. Currently we have no rercourse. What is your solution? >

For starters, end frivolous lawsuits by making those who bring them to court responsible for all court fees plus damages to the defendant, plus penalties for tying up the court. Then limit lawyers' fees to a maximum amount or an hourly fee, whichever is higher. If a lawyer spends 200 hours on a lawsuit and the client gets awarded $40 million, that lawyer should get a good fee, but not 30-50% of the award. These would lower the costs to HMOs, who could pass on their savings to patients in benefits.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.