Common use of Decision of Arbitrators Clause in Contracts

Decision of Arbitrators. Expenses. The arbitrators shall consider customary and standard practices in the HMO and managed health care insurance businesses. They shall decide by a majority vote of the arbitrators. There shall be no appeal from their written decision. Judgment may be entered on the decision. Each party shall bear the expense of its own arbitrator and outside attorney fees, and shall jointly and equally bear with the other party the expenses of the third arbitrator.

Decision of Arbitrators. Expenses. The arbitrators shall consider customary and standard practices in the HMO and managed health care insurance businesses. They shall decide by a majority vote of the arbitrators. There shall be no appeal from their written decision. Judgment may be entered on the decisiondecision of the arbitrators by any court having jurisdiction. Each party shall bear the expense of its own arbitrator and outside attorney fees, and shall jointly and equally bear with the other party the expenses of the third arbitrator.