It's not a theory
Posted on: August 31, 2016 at 09:54:17 CT
DC Jayhawk KU
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In your example, you're assuming healthcare providers to mean solely a doctor on their own. Often, with doctors working in a hospital, the hospital is covering them, or they'll have an umbrella policy. A limit of $250K isn't going to force a hospital to change and a doctor won't lose their license.
There are definitely egregious punitive damages. I think $250K is low, however.