Tort reform for the health insurance industry Essay

civil wrong mend for the health insurance industry - Essay Example therefrom it is up to the US government to play a very significant role in saving such monetary values to a lower place their control, so that it becomes easily affordable for all the citizens in the US. (www.aaos.org) The tort reform is a law that has been created by the US government, which is pointed at reducing the proceedings of the court. Ever since its introduction the Tort reform in the aesculapian insurance field, it has been a matter of debate for most of the people in the US. The Tort reform has been especially introduced into the healthcare sector, with an idea of looking up into the issues relating to the malpractices, that often occur in the medical field and in addition the lawsuits that are being filed in this sector. This results in an increase in the cost of the insurance providers. (www.aaos.org) As a result of these hidden factors the parties come to in the insurance coverage, which includ es the insured as well as the insurance provider often gets exploited by such undue costs. It is with this aim that the US government has brought about the Tort reform, so as to ensure that the interests of both the parties are safeguarded and at the same time justice is meted out to them in the medical field. ... (www.allbusiness.com) Hence due to threat of medical liability reform, the doctors across the US have become very much conscious about their liabilities when treating patients. nevertheless though the insurance costs are on the increase in the US and individuals are being made to pay more for their healthcare insurance, still the Tort reform has made it possible for safeguarding the US citizens from getting unduly exploited by the medical professionals and get insurance protection. (www.aaos.org) Areas that require Tort remediate The area that requires a major Tort reform is the agricultural sector in which, the farmers and the families who are involved in agricultural a ctivities are totally exposed to high risks. There have been many cases of fatalities and earnest injuries which have made the agricultural community to force the US government to go forward with Tort reforms, which bequeath ensure the safety and the financial help through insurance, in case of accidents during the course of farming. Statistics also point to the fact of the urgent need for Tort reforms in this sector, since the number of accidents and fatalities are ever on the increase in this particular field. (www.aaos.org) Tort reforms are also very much required to roleplay about reforms to the various industries and the business establishments that are spread across the US. This will ensure a clear of liability of all those involved and will also simultaneously safeguard the various industries and business firms. This will give them more power which will help them to increase their business and also give them a feeling of security as well as confidence. This will make them to do business under a free and fair business atmosphere. Thus the Tort reforms are very much require in these sectors, since it