Florida’s families are victims of this lawsuit abuse, and our state legislators must prioritize transparency in personal injury cases in the 2023 legislative session.
By Sarah Geisrich
Floridians have no choice but to pay some of the nation’s highest insurance premiums through no fault of our own.
Our state actually incentivizes medical financing companies to “invest in” personal injury
lawsuits, knowing our system is so backwards that they are all but guaranteed to earn a return on their money. Of course, this money is paid for by unknowing Floridians who are forced to fork over higher insurance premiums every year.
Florida’s broken legal system encourages personal injury victims to decline their insurance
proceeds and, instead, assume all medical liability for recovery and rehabilitation procedures.
Then, working with shady attorneys and willing providers, they inflate the price tag of billed
procedures in court, knowing they are likely to win. For example, a “$20,000 procedure” might only cost an insurer $5,000, but Florida juries are often prevented from knowing the full picture.
And it is scrupulous attorneys and the medical financing companies that are benefitting from this windfall. Of course, insurers still must pay these settlements so, as a result, they are forced to charge higher premiums.
Florida’s families are victims of this lawsuit abuse, and our state legislators must prioritize
transparency in personal injury cases in the 2023 legislative session.
Ms. Geisrich is a resident of Pensacola, Florida.
