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Big-bucks battle shaping up over bid to raise malpractice award limit
Los Angeles Times

You don’t need to be a Nobel economist to understand that dollars today aren’t anything close to their worth four decades ago.

Gasoline, real estate, medical care—they’ve all skyrocketed in cost.

Everything’s gone up, that is, except damage awards for pain and suffering caused by medical malpractice. In 1975, the Legislature passed and Gov. Jerry Brown signed a bill capping pain and suffering damages at $250,000. And that’s what it still is today.

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