Caps on Noneconomic Damages for 2023
The Michigan Department of Treasury announced on January 31, 2023, that the 2023 cap on noneconomic damages in product liability cases where the product did not cause death or permanent loss of a vital bodily function is $537,900 (an increase of $40,900 compared to 2022). The indexed cap in cases involving death or permanent loss of a vital bodily function is now $960,500 (an increase of $73,000 compared to 2022). These limitations also apply to medical malpractice cases.
The limitations on noneconomic damages are adjusted annually based on the annual percentage change in the consumer price index.
Please contact Dale Burmeister or your Harvey Kruse attorney if you have any questions about noneconomic damages related to product liability defense.