A Texas Turnaround: Annual Direct Benefits Associated with Lawsuit Reforms Enacted in Texas Since 1995

Annual Direct Benefits Associated with Lawsuit

Reforms Enacted in Texas Since 1995

Category
Annual direct benefits
Cost Savings (administrative costs, insurance rate reductions, non-productive expenditures,

inefficiency, etc.)

$3,355.4 million
Benefits of Safer Products
$468.9 million
Net Benefits of Enhanced Innovation
$15,158.6 million