Arbitration is a fast-growing method of dispute resolution both in the U.S. and internationally. In the past, some placed arbitration on a lower tier than courtroom justice. However, arbitration law, processes and procedures have evolved, and today arbitration rests on a solid legal foundation. Parties to a dispute benefit from tested and judicially-accepted sets of administered arbitration rules such as those of the National Arbitration Forum.
The National Arbitration Forum is one of world’s leading providers of dispute resolution administration services, including dispute resolution for health claims and healthcare billing disputes. The organization provides efficient administrative services and maintains a distinguished panel of 1,500 attorneys and retired judges located worldwide who apply the substantive law to render legal decisions. The National Arbitration Forum’s standard arbitration rule set outlines the process, schedule and fees for arbitration proceedings and ensures that all legal and equitable remedies are available.
Arbitration offers numerous advantages over lengthy and expensive lawsuits, and it is worthwhile to consider these advantages when deciding how to resolve health claims and healthcare billing disputes.
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Article Submitted On: July 31, 2006
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