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Lao-Tzu said that when a wise man comes upon a muddy pool, he does not try and stir the dirt out; rather, he leaves the pool alone so that the dirt might settle. Then and only then may he may see clearly the bottom.
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Editorial, Pages 15 on 11/05/2009
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Comments
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BillSmith says...
Re: Tort Reform
Study suggests insurers raise rates to make up for investment declines
By Liz Kowalczyk, Globe Staff | June 1, 2005
Re-igniting the medical malpractice overhaul debate, a new study by Dartmouth College researchers suggests that huge jury awards and financial settlements for injured patients have not caused the explosive increase in doctors' insurance premiums.
The researchers said a more likely explanation for the escalation is that malpractice insurance companies have raised doctors' premiums to compensate for falling investment returns.
This was in 2005 think how much the insurance companies have lost since the economy tanked.
November 5, 2009 at 9:30 a.m. ( permalink | suggest removal )
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