Press Release from the Tennessee Center for Policy Research, March 1, 2011:
NASHVILLE, TN – Tennesseans can expect to see job growth, more affordable health care insurance, greater access to health care (particularly in rural counties), decreases in property/casualty rates, and a more predictable civil justice system should lawmakers pass much-needed lawsuit abuse reform, a panel of legal experts recently stated at a public education forum held on the campus of Vanderbilt University.
The three-member panel of James Blumstein, a law professor at Vanderbilt University; Ted Frank, Senior Fellow at the Manhattan Institute; and Charlie Ross, a former State Senator in Mississippi, presented their perspectives on how Tennessee businesses and citizens would benefit from lawsuit abuse reform, or tort reform. Their experiences are based on before-and-after findings in states where reform has passed, as well as academic research discussed in a newly released white paper called Lawsuit Abuse Reform in the Volunteer State.
Panelists agreed that Tennessee’s current civil justice system is both inconsistent and unsustainable. Senator Ross, who successfully led lawsuit abuse reform efforts in Mississippi, said “Reform brought more predictability to our civil court system. Our objective was never to take away the right of someone to file a lawsuit; our objective was to create more balance, and we did that.”
Other key points included:
- Based on reforms in other states, lawsuit abuse reform could result in 30,000 jobs a year or 577 jobs each week in Tennessee.
- Reform could mean 67,000 more Tennesseans would have health insurance.
- Reform means greater access to medical care, particularly in rural counties.
- Reform could lead to legal settlements that are more in line with actual harm done.
Representatives for Focus577, a recently launched campaign to educate citizens about the need for reform in civil lawsuits, say lawsuit abuse reform is quickly becoming a hot topic for the Tennessee General Assembly. The goal of Focus577, named for the potential of 577 new jobs created each week through reform, is to educate Tennesseans of the positive legal and economic impact that lawsuit abuse reform has had in other states.
February’s forum was sponsored by the Tennessee Center for Policy Research, an independent, nonprofit, and nonpartisan think tank committed to achieving a freer, more prosperous Tennessee. For a detailed account of the forum, see the Tennessee Report at http://tnreport.com/2011/02/talking-tort-reform.
Through research and advocacy, the Tennessee Center for Policy Research promotes policy solutions grounded in the principles of free markets, individual liberty, and limited government. For more information about lawsuit abuse reform, visit www.focus577.org or www.tennesseepolicy.org.