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Expert Analysis

Binding Arbitration For Health Care Cost Disputes In NJ?

Law360, New York ( January 5, 2016, 12:17 PM EST) -- On Nov. 23, 2015, the Financial Institutions and Insurance Committee of the New Jersey General Assembly favorably reported an Assembly Substitute Bill aimed at increasing health care costs transparency in New Jersey and eliminating unexpected health care costs. Assembly Committee Substitute for Bill Number A4444, which was introduced to the Assembly on Dec. 3, 2015, seeks to, among other things, establish binding arbitration as the mechanism for resolving certain reimbursement disputes for out-of-network services....

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