Medical Malpractice Reform Model Pays Off for Victims, Health Care Providers, Public, Says University of Virginia's Jeffrey O'Connell, Co-Creator of Concept.

Byline: University of Virginia

CHARLOTTESVILLE, Va., Feb. 27 (AScribe Newswire) -- Economic modeling of a medical malpractice reform concept known as "Early Offers" shows that the idea has clear advantages to injured persons, health care providers, and insurance companies, as well as the public.

In an article published this month in the New Mexico Law Review, University of Virginia law professor Jeffrey O'Connell, who is regarded as the father of no-fault insurance laws, as well as economist Jeremy Kidd and attorney Evan Stephenson demonstrate how the Early Offers system gives both sides strong financial incentives to settle and avoid the expenses and uncertainties of a protracted legal battle.

Early Offers could greatly speed the resolution of most …