Medical Malpractice Premiums Reduced!!! Kidding. Kidding.

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I'm really enjoying the posts of Greedy Trial Lawyer. He/She appears to be an anonymous colleague who has tongue-in-cheekly (is that a word?) embraced the way proponents of tort reform view him/her.

A recent post from Greedy Trial Lawyer notes an article from PolState.com which points out that Iowa is just the lastest in the long line of states attempting to cap punitive damages in medical malpractice suits. GTL wants to know if we've reached the promised land of reduced medical malpractice premiums yet:

The main justification for tort reform in medical malpractice matters was to reduce the cost of medical malpractice insurance so medical providers (mostly doctors) would not be driven into poverty, forced to eat cheaper steaks and take shorter ski vacations. Well, the promised benefits for the docs are not materializing. Those rates, they keep on arising. Raise your hand if this surprises you.