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Abstract:
The medical malpractice problem has been a major contributor to the inflationary trend in healthcare costs. Arbitration, as an alternative to litigation, can be effective in alleviating many of the problems associated with malpractice suits. Authors Corbett and Leap present the results of their study of arbitration, including an examination of existing medical malpractice arbitration panels and their effectiveness. The results of the study are encouraging as arbitration is seen to bring advantages to both the plaintiff and the defendant, as well as reducing the amount of litigation and insurance-related problems.