Posted on 09/21/2010 10:30:16 AM PDT by Andrea19
The medical field in New Hampshire is facing a serious crisis; the state is trying to take away their private property. People who fund the Medical Malpractice Joint Underwriting Association (JUA), such as medical doctors, nurses, hospitals, and nursing homes, are plaintiffs in lawsuits against the state of New Hampshire to prevent it from raiding more than $110 million in surplus revenue from the JUA.
The state government, who has not contributed any money to the JUA, is determined to raid the fund to fill its own budget shortfalls. In early September the state commissioner, aided by Gov. John Lynch, enacted new rules for operating the JUA that would take away 25 years of vested policy holders’ rights and appoint the commissioner to run the JUA.
Are you surprised? Of course not. This has happened time and time again. States refuse to get their own fiscal house in order so they decide to take money from any source they can possibly find. So here lies the issue; the state notices the JUA and sees that it has surplus money that is being given back to the policy holders and the state wants it.
Supporters of the new rules claim they are necessary because they address the issue of the JUA’s tax-exempt status. Lynch is trying to make it so the JUA has to pay taxes and which would then allow for the surplus money to go to the state. This puts policy holders’ future investments in serious jeopardy. Last time I checked this was their money and not the states’ property...
(Excerpt) Read more at propertyrightsalliance.org ...
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I have an idea to help with budget shortfalls. If the democrats are so excited about taxes, how about a 35% tax on all malpractice related income made by attorneys? These attorneys clog up the court system, and contribute to rising medical costs. If the democrats want to target those who provide health care, how about also targeting those attorneys who live off the medical profession as parasites at the fringes? (and yes, I acknowledge that some medical lawsuits are legitimate).
Of course, this will never happen, because there are so many lawyers in government.
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