East News
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Maine Jury Awards $8 Million for Hospital, Midwife Malpractice
East News October 29, 2007
A jury in Auburn, Maine last week awarded nearly $8 million to a brain-damaged 5-year-old boy and his mother in their medical malpractice lawsuit against a Lewiston hospital and one of its ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Medical care for the poor | A. Sister | Oct 30, 2007, 8:05 am |
| RE: RE: RE: RE: RE: Babies | Ohioan | Oct 30, 2007, 7:42 am |
| RE: RE: RE: RE: RE: Babies | lastbat | Oct 29, 2007, 4:10 pm |
| RE: Babies | Ric | Oct 29, 2007, 3:39 pm |
| RE: RE: RE: RE: Babies | Sandra | Oct 29, 2007, 3:26 pm |
| RE: RE: RE: Babies | Ohioan | Oct 29, 2007, 3:17 pm |
| RE: RE: Babies | lastbat | Oct 29, 2007, 3:00 pm |
| RE: Babies | Jack | Oct 29, 2007, 9:49 am |
| Babies | Sandra | Oct 29, 2007, 8:06 am |
| Back to article | ||


Subject: RE: RE: Babies
As for the amount, while I would never want to sit on a case like this and decide how much to hand over, $8M is more than enough to care for the child. Even if they stick it in an account earning a measely 5%/year that's $400,000/year in interest (rounding up for ease of math, but we're close). Barring catastrophic events that is more than enough to care for the child.
The trouble with these awards is they involve children. We seem to be a little more rational when it comes to adults.
And no, I don't know what would be reasonable because I don't know what the actual costs are. I just know people who do not have $400,000/yr disposable income who take care of children with cerebral palsey, so I know it doesn't take that much. More than the average child I'm sure, I just don't know how much more.