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Attorney Michael Presley is the CEO and chief risk officer for United MSO of America, LLC and partner at Presley & Presley, PA, both located in Wellington, Florida. For nearly a quarter of a century, Michael Presley represented primary care physicians and learned a great deal about their problems with malpractice premiums.
In the legal system, personal injuries resulting from accidents or medical malpractice are known as torts and, in May 2017, the Trump Administration announced its proposal for a new budget, which contained a plan for federal tort reform. This plan would set a limit of $250,000 for non-economic damages for medical malpractice. Furthermore, the plan would institute a statute of limitation of three years for all claims.
The tort reform proposal is projected to save almost $32 billion over 10 years by eliminating the need for excessive defensive medicine, such as diagnostic tests or other medical treatment. With the growing popularity in telemedicine, more healthcare services will increase across state lines, and federal tort laws may help smooth the transition into this cost saving new form of healthcare treatment.
Michael Presley (Attorney) 