It sees savings from caps on medical malpractice suits in next 10 years . A tort reform package that includes caps on jury awards of $ 500,000 for punitive damages and $ 250,000 for `` pain and suffering '' damages would lower liability insurance premiums by about 10 percent , according to a report from the nonpartisan office issued late last week . It says caps on jury awards would reduce liability insurance costs by about 10 % . But reforms unlikely to pass , since White House opposes mandatory jury awards .
It sees savings from caps on medical malpractice suits in next 10 years . It says caps on jury awards would reduce liability insurance costs by about 10 % . But reforms unlikely to pass , since White House opposes mandatory jury awards .