Provides, among other things, a limit on noneconomic damages of $250,000. If the jury determines that there is a substantial or permanent loss or impairment of a bodily function, substantial disfigurement, loss of pregnancy, or death, which warrants a finding that imposition of such a limitation would deprive the plaintiff of just compensation for the injuries sustained, in which case the amount recoverable shall not exceed $1 million, or $2 million if the action includes a hospital. The limitations on noneconomic damages increases 2.1% on January 1, 2028, and each January 1 thereafter.