medpundit |
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Thursday, March 06, 2003The response to that argument is that the rates didn't fall because the MICRA caps didn't take effect until 10 years later - after the lawyers ran out of ways to tie it up in the courts. Insurers in California began to reduce their premiums after the caps took effect, not until after they knew the laws were going to stand. Insurance reform just happened to happen around the same time. Caps work - don't let anyone twist the facts to make it sound like they don't. (Well, if they're too high or there are too many exceptions, they might not work, but MICRA style caps WORK.) There you go. posted by Sydney on 3/06/2003 09:07:00 AM 0 comments 0 Comments: |
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