Orszag: To Fix U.S. Budget, Reform Medical Malpractice Law
Medical malpractice reform could improve the country’s fiscal picture, former OMB Director Peter Orszag writes in Bloomberg. “Presumably, health-care costs could come down if all states’ malpractice laws protected doctors who followed national standards of practice,” writes Orzag, and “the change in behavior could, in turn, do more to improve the U.S.’s fiscal picture than implementing the sequester would.”