Arbitration programs bring you security and save you a lot of money. There is no reason to continue subsidizing the status quo by paying higher insurance premiums for something that simply does not benefit the acupuncture profession. What is arbitration? A physician and patient may agree to use a private, confidential and expedited arbitration procedure instead of a lengthy and costly public court proceeding in the courtroom to decide on a treatment error. In the case of arbitration proceedings, the case is decided by a mutual arbitrator (usually a retired judge). Each party has the same right to produce in its possession all relevant evidence as it would in a public trial. Witnesses may be summoned and documents filed. However, lawyers should not participate in procedural requests and discovery games that drive up civil litigation costs. I understand that I am the decision-maker of my health care. Part of the role of this office is to provide me with information that will help me make informed decisions. This process is often referred to as «informed consent» and involves my understanding and consent for recommended care, as well as the benefits and risks of providing health care during a pandemic.
The arbitrator is usually a retired judge specializing in misconduct. The second reason why the costs of insurance against processing errors are significantly reduced is the savings resulting from the substantial reduction in the amount paid to lawyers. It costs between $50,000 and $100,000 in attorneys` fees to defend a fault claim in civil court. It costs between US$15,000 and US$45,000 to defend a doctor in arbitration. This is due to the fact that proceedings and quarrels between lawyers over discovery are largely eliminated and the average duration of arbitration is five months and not five years. You`ve probably heard of arbitration, but do you know how it can help protect you? I will first explain what arbitration is. I will help you protect yourself. Be sure to listen to the end and I`ll tell you how trade-offs can save you money. Article 1: Arbitration Agreement: It goes without saying that any dispute over medical errors, i.e. whether the medical services provided under this Contract were unnecessary or not, or whether they were rendered inappropriately, negligently or incompetently, will be settled by submission to arbitration in accordance with California law and not by a remedy, an appeal or trial; unless California law provides for judicial review or arbitration. Both parties to this contract, by entering into this contract, waive their constitutional rights to leave such a dispute before a court before a jury and instead agree to the application of an arbitration procedure. Article 2: All claims must be arbitrated: the intention of the parties is that this agreement binds all parties whose rights may arise from or related to the treatment or service of the physician, including all spouses or heirs of the patient and all children, born or unborn, at the time of the event leading to a right.
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