Clamp down on frivolous lawsuits and disbar repeat offenders.
Health care costs are sky-rocketing in large part due to frivolous lawsuits. Doctors are practicing “defensive medicine” as a result, costing billions every year. Businesses often settle completely bogus cases due the the crippling costs of litigation.
Tort litigation in America costs almost $1000 per person, vastly higher than any other developed country. It's a lawyer's lottery. Even if they loose, they are only out their time and everybody else pays. Lawyers siphon off almost as much as the injured parties are paid in damages. A nearly 50:50 split between lawyers and victims is both unfair and unaffordable.
In most of the rest of the world, the loser pays all legal expenses. The litigation costs in France and the UK are a third of what they are here. Look for lawyers in the business of filing frivolous suits and disbar them. Instituting a “loser pays” system like the rest of the civilized world has would stop the vast majority of these senseless suits almost overnight.
We all know that trial lawyers are consistently one of the largest groups of contributors to Democrats so this will not be easy for a Democratic administration. If it were easy, somebody would have already done it.
Why Is This Idea Important?
Saving roughly $200 Billion per year would help to jump-start the economy, decrease unemployment, lower prices on everything and provide better health care for everyone.