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Who Really Benefits from the FACT Act?

Introduced in 2013, the deceptively-named Furthering Asbestos Claims Transparency (FACT) Act continues to make its way through Congress. While the insurers and companies that use asbestos advocate for more "transparency" in asbestos litigation, the victims of exposure are fighting for their lives and their loved ones.

The bill, which intends to invade the privacy of asbestos victims as well as limit their access to justice, is supported by over 280 entities that are known lobbyists on asbestos. These lobbyists, including asbestos manufacturers and insurance companies, outnumber lobbying entities on behalf of asbestos victims seven to one.

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So who does the FACT Act really benefit? It is certainly not the victims of asbestos exposure, who are already waging battles against deadly, asbestos-related diseases that resulted from the negligence and greed of companies supporting the Act. Given the amount of support the bill has received from these entities, it is obvious who really reaps the benefits of this "transparency."

Do you think that asbestos and insurance companies are really victimized by dying patients? Who really benefits from the FACT Act? Please share your thoughts in a comment below.


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