Medical Definition of Agreement, arbitration

Agreement, arbitration: An arrangement in which the patient waives the right to sue the physician and, instead, agrees to submit any dispute to arbitration. Arbitration agreements are legal and binding. The arguments in their favor are that, for patients, the case can be settled faster, and more money can go to the patient (rather than to a lawyer). Physicians can often get a discount on their malpractice insurance if the majority of their patients sign such agreements.

Quick GuideWomen's Health: Nutrition and Health Care Reform

Women's Health: Nutrition and Health Care Reform

Subscribe to MedicineNet's Women's Health Newsletter

By clicking Submit, I agree to the MedicineNet's Terms & Conditions & Privacy Policy and understand that I may opt out of MedicineNet's subscriptions at any time.


Last Editorial Review: 6/9/2016

Health Solutions From Our Sponsors