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May 15, 2006



You make a interesting point by quoting the conclusion of the study (about the percentage of claims being paid (75%)). The right comparison is to some other type of tort claim. We don't really know if 75 percent is a good number or not. We have no idea how many really frivolous or fraudulent clams there are. I am not sure that the authors should necessarily be happy with the idea that getting it right three our of four times is not so bad.

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