Knecht Medical Arbitration Agreement | Benefits
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Benefits

Learn about our history and work

Benefits

  • Benefits from using the Knecht Medical Arbitration Agreement include the following:

    •  Eliminates trial by jury.
    •  Eliminates jury deciding medical issues and damages.
    • Parties agree to cap pain and suffering damages at $250,000
    •  All claims are resolved by binding arbitration.
    •  State law favors arbitration.
    •  Your liability is decided by three qualified physicians in your field of expertise.
    •  Liability and damages are decided separately.
    •  If no liability, they never address damages.
    •  You have the option to avoid the “Three Strikes You’re Out Rule” in Florida.
    •  Common law punitive damages are waived.
    •  Parties agree to resolve all claims by the patient’s family–e.g., spouse, children, etc.
    •  Includes all vicarious liability claims.
    •  Includes forum to resolve bad faith claims.
    •  Eliminates “professional” liability experts who live off of medical malpractice.
    •  Significant reduction in attorney’s fees and costs.
    •  The court approved it in August 2004–e.g., the court found that a minor patient and his parents were bound by the Knecht Medical Arbitration Agreement since it was in the minor patient’s best interest.
    •  99% of the patients are signing it.
    •  It is proprietary and subject to federal intellectual property protection.
    •  It is the simple solution to a complex problem.