James_D._Miller comments on Useless Medical Disclaimers - Less Wrong
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The main purpose of medical tort law is to enrich trial lawyers. Doctors and trial lawyers play legal games in which the doctors try to minimize their liability with disclosures and the trial lawyers argue that the disclosures don't offer legal protection for the doctors. There is little political incentive for anyone to care about the value of disclosure to patients. This is especially true since patients who care about such information will do their own research.