Nicholas Pension Consultants
Nova 401(k) Associates
Compensation Strategies Group, Ltd.
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|California Bill to End Mandatory Arbitration Passes Senate, Moves to Assembly|
Managed Care magazine
July 19, 2002
Excerpt: Mandatory arbitration clauses are now common in consumer credit card agreements, home mortgages, employment applications, and health insurance contracts. The Health Insurance Association of America opposes proposals that would prohibit mandatory arbitration clauses. 'We think that decision is best made by the purchasers of health insurance [employers] and sellers [insurance companies],' says HIAA spokesman Randy Clerihue.
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