MICRA Archives - K2 Economics

MICRA Evolution: A New Dawn for Medical Malpractice Compensation

Arsine Khayoyan October 17, 2023

Since its establishment in 1975, the Medical Injury Compensation Reform Act (MICRA) has been a cornerstone of California’s legal landscape, particularly in the realm of medical malpractice litigation. At the heart of this legislation was a contentious $250,000 cap on non-economic damages, including pain and suffering. However, in 2022, California’s legal landscape witnessed a significant […]

When Pain & Suffering is Taken out of the Equation

K2 Economics February 22, 2016

In many cases, pain and suffering, which is considered non-economic damages, is a significant portion of the total damages. For example, the case of Russell Sheaffer vs. NuCO2* was one where the Plaintiff suffered personal injuries as a result of a motor vehicle incident. In June of 2015, the Plaintiff was awarded over $17 million in damages. […]