Insurer Trade Group Praises Passage of Okla. Tort Reform Bill
Texas / South Central News • April 23, 2007
The American Insurance Association (AIA) says the tort reform package (S.B. 507) recently passed by Oklahoma Legislature will reduce the number of frivolous lawsuits and therefore encourage ...
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Subject: Tort Deform
Posted On: April 23, 2007, 11:12 pm CDT
Posted By: Hugh M. Robert
Comment:
Well, if you call heaven having to remedies or rights to those who are injured then yes, heaven for the insurance companies. The insurance companies have realized huge profits the past two years under the previous version of tort deform in our state but did they pass it along to the doctors-- of course not!
Would heaven allow a drunk driver to kill someone and not be held liable at all for their actions? Under SB 507, it allows for someone who has purchased life insurance to be penalized and if their life insurance is greater than the coverage the drunk driver has-- guess what, the drunk killer pays nothing, how is that heaven?
Or, you put somone in a nursing home, they kill your loved one-- you want to find out how it happened, after investigating, you find they have had several people die to negligence of the nursing home to properly administer medicine or prevent falls-- guess what, those reports that cited the home for deficiency are not admissible per this bill.
Oh yeah, finally, would heaven discriminate against the elderly, poor, or stay at home mothers, SB 507 does. It caps damages for these classes of citizens who do not have income. So, a child is left paralyzed, they can only get so much according to this bill, we let juries put people to death, why shouldnt we trust them to determine how much a child under these conditions should be given for their injury.
Something not often disclosed, an award that goes above the cap the legislature has included in SB 507, studes have shown that around 70% of awards that fall above that range involve paralysis, blindness, or brain damage. So this bill will impact the very classes of citizens and most aggregiously injured -- for what purpose, to make the insurance company more money, which they will not pass on savings, they have had years to do it and havent, why would they change now.
I believe under these conditions, it might be heaven for insurance companies who will continue to make record profits but hell for consumers, patients, elderly, poor, and children.
Subject: Tort Deform
Would heaven allow a drunk driver to kill someone and not be held liable at all for their actions? Under SB 507, it allows for someone who has purchased life insurance to be penalized and if their life insurance is greater than the coverage the drunk driver has-- guess what, the drunk killer pays nothing, how is that heaven?
Or, you put somone in a nursing home, they kill your loved one-- you want to find out how it happened, after investigating, you find they have had several people die to negligence of the nursing home to properly administer medicine or prevent falls-- guess what, those reports that cited the home for deficiency are not admissible per this bill.
Oh yeah, finally, would heaven discriminate against the elderly, poor, or stay at home mothers, SB 507 does. It caps damages for these classes of citizens who do not have income. So, a child is left paralyzed, they can only get so much according to this bill, we let juries put people to death, why shouldnt we trust them to determine how much a child under these conditions should be given for their injury.
Something not often disclosed, an award that goes above the cap the legislature has included in SB 507, studes have shown that around 70% of awards that fall above that range involve paralysis, blindness, or brain damage. So this bill will impact the very classes of citizens and most aggregiously injured -- for what purpose, to make the insurance company more money, which they will not pass on savings, they have had years to do it and havent, why would they change now.
I believe under these conditions, it might be heaven for insurance companies who will continue to make record profits but hell for consumers, patients, elderly, poor, and children.