SB 24-130

Senate Bill 24-130 increases the cap on noneconomic damages in medical malpractice cases from $300,000 to $500,000 over a five-year period starting January 1, 2025. This means that patients who win medical malpractice lawsuits will be able to receive more compensation for non-monetary losses like pain and suffering by the year 2030. The bill has been signed into law, so these changes are set to take effect as scheduled.

Official Summary

Existing law limits the amount recoverable for noneconomic damages in medical malpractice actions to $300,000. Beginning January 1, 2025, the bill incrementally increases the noneconomic damages limitation to $500,000 over the course of 5 years. (Note: This summary applies to this bill as introduced.)