Health care spending consumes 17 percent of the economy, or about $2.5 trillion, and is projected to reach $4.7 trillion by 2019. The committee report contends that putting some restraints on medical malpractice lawsuits will reign in medical costs.
“It is estimated that these additional liability-based medical care costs adds at least 3.4 million Americans to the rolls of the uninsured,” the report said, citing data from the Pacific Research Institute.
