To your last comment, Edwards was actually very careful in choosing his cases to avoid the whole "ambulance chaser" image. That said, looking at his record as a lawyer, you could say he only went after high profile cases.
I recently heard a lawyer talking about the high price of law these days. For a decent chunk (if not majority) of malpractice cases, they don't get paid unless they win. So all the research they do into prior cases, into company records, etc. come out of their pocket with no guarantee of winning in court and getting paid. That's part of the reason for the big awards.
Take that, and then the fact that the insurance companies have some of the best and most highly paid lawyers in the industry and the deck is automatically stacked against the people who actually deserve compensation from doctors and hopsital systems that have caused them or their loved ones injury.
Bad shit still happens in hospitals. A employee of the company I work for contracted a bad flu 2 years ago. He went into Emory University Hospital, one of the best in the Southeast. He had fluid in one of his lungs. They tried to drain the wrong lung, and collapsed it. They fixed the lung, drained the proper one, then puntured it. Next, they didn't properly maintain his bandages and he got a staph infection. The guy still has to drag an oxygen tank around with him everywhere he goes to this day. He consulted with several lawyers and found that he'd be waiting at least 3~4 years for a lawsuit to conclude. He had neither the time nor energy to pursue that.
My point with that little story is shit still happens. Insurance companies would love nothing more than for it to become more difficult to sue them. I guarantee that even if the Repulican based tort reform bills passed (limiting awards to $250,000) that malpractice insurance rates would not decrease that much.
Are there too many malpratice suits and inflated awards out there? Yes. Putting a blanket limit on all potential victims isn't necessarily the answer though. Plus, limiting the payout to lawyers @ 5% of the award to encourage the lawyers who are out to help others (and not themselves) won't work; That'd leave 9 lawyers in the US to take care of all these lawsuits. :)
As to the debate, Cheney did a hell of a lot better than I expected. To the point that I'd say he may have won. Edwards was not on his game last night, IMO. Both men cited plenty of twisted facts (wouldn't be a debate without that), and both got some barbs into the other. It was nice to see Cheney respond with a simple "thank you, Sen. Edwards for your kind comments on my family." That was amazingly humanizing for Darth Cheney. I love Edwards, but last night, I was not very impressed.
Probably my favorite part of the night was when Cheney invoked a website I suggest everyone frequent,
www.factcheck.org. (Although he called it factcheck.com). The best part was he said articles on the site show what Edwards was saying about Haliburton were false, when in actuality, they back Edwards up. :) Kerry/Edwards need to let go of the $200 billion figure though. It's funny math they can't defend. Not the best debate in the world, but it could have been worse, I suppose.