What is an asbestos bill?
The latest news on the asbestos bill is that it is not dead yet. The asbestos bill, which would ultimately eliminate any asbestos litigation in the United States has been a hotly debated topic for the past decade. Instead of asbestos legislation, asbestos cancer victims would be paid in a set schedule based on their disease progression, says the new asbestos bill.

Reuters reported that, “The asbestos bill was scarcely out of committee before support eroded among the Republicans, who questioned whether insurers were being asked to pay too much of the cost.”

In addition, the asbestos bill failed to win the support of major labour unions unfortunately. Reuters also stated that “corporations facing asbestos liabilities were getting too much of a break,” through the new asbestos bill.

Ultimately, an asbestos bill that is passed will provide large compensation for asbestos exposure cancer patients. An asbestos bill that does not pass will result in numerous more US class action lawsuits until another asbestos bill is put to court. Asbestos bills will continue through the US government as the number of cases increases. However, the probability of the asbestos bill being passed is no different than before.

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