Well, it ain’t much, but the Tennessee Legislature has fixed one small problem with the tort reform legislation that impacts all tort cases arising on or after October 1, 2011.
The original legislation included a provision that required all future damages to be broken down "on an annual basis" for future medical bills, lost earning capacity, and non-economic damages. Tennessee Code Annotated, Section 29-39-103(a)(2), This was a disaster waiting to happen. Why?
Here is an example. Assume a 20 year old unmarried woman is severely brain damaged as a result of an incident. She will never work again and she has a significant future medical expenses over her lifetime. Her life expectancy is disputed – the defense says she has a fifteen year life expectancy and the plaintiff’s expert says she has a normal (sixty year) life expectancy. There is also a dispute over the inflation rate and the discount rate.