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(Much) More on the Collateral Source Rule

Author

Listed:
  • David Schap

    (Department of Economics, College of the Holy Cross)

  • Andrew Feeley

    (Department of Economics, College of the Holy Cross)

Abstract

The collateral source rule is a common law norm that permits recovery of accident-related damages from both the victim’s insurer and the injurer. Many jurisdictions have modified the rule through statutory reform during the last twenty-five years. Forensic economists in assessing damages need to be aware of the variations in the application of the rule in the jurisdictions in which they practice. The authors present a tabular summary of the statutory variations that exist in the collateral source rule across state jurisdictions and the detailed status of the statutory modifications to the rule for each state.

Suggested Citation

  • David Schap & Andrew Feeley, 2006. "(Much) More on the Collateral Source Rule," Working Papers 0605, College of the Holy Cross, Department of Economics.
    • Handle: RePEc:hcx:wpaper:0605
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    Download full text from publisher

    File URL: https://hcapps.holycross.edu/hcs/RePEc/hcx/HC0605-Schap-Feeley_Collateral1.pdf
    File Function: Originally presented at the Eastern Economic Association Meetings, Philadelphia, PA, February 25, 2006
    Download Restriction: no
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    Citations

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    Cited by:

    1. David Schap & Andrew Feeley, 2006. "The Collateral Source Rule: A Common Law Norm Under Special Interest Attack," Working Papers 0606, College of the Holy Cross, Department of Economics.
    2. David Schap & Andrew Feeley, 2008. "The Collateral Source Rule: Statutory Reform and Special Interests," Cato Journal, Cato Journal, Cato Institute, vol. 28(1), pages 83-99, Winter.

    More about this item

    Keywords

    forensic economics;

    JEL classification:

    • K13 - Law and Economics - - Basic Areas of Law - - - Tort Law and Product Liability; Forensic Economics

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