California Insurance Code

§ 10123.19

INS § 10123.19 Effective Jan 1, 1995Div. 2 · Part 2 · Ch. 1 · Art. 1

Statute text

(a)Any disability insurance policy that includes terms that require binding arbitration to settle disputes and that restrict, or provide for a waiver of, the right to a jury trial shall include, in clear and understandable language, a disclosure that meets all of the following conditions:

(1)The disclosure shall clearly state whether the plan uses binding arbitration to settle disputes, including specifically whether the plan uses binding arbitration to settle claims of medical malpractice.

(2)The disclosure shall appear as a separate article in the agreement issued to the employer group or individual subscriber and shall be prominently displayed on the enrollment form signed by each subscriber or enrollee.

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Legislative history

Added by Stats. 1994, Ch. 653, Sec. 5. Effective January 1, 1995.