<?xml version="1.0"?>
<law><law_id>769288</law_id><section_number>38.2-5806</section_number><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><edition url="https://vacode.org/2016/" id="11" last_updated="2016-07-24" current="TRUE">2016</edition><structure><unit level="1" identifier="38.2" url="https://vacode.org/2016/38.2/">Insurance</unit><unit level="2" identifier="58" url="https://vacode.org/2016/38.2/58/">Managed Care Health Insurance Plans</unit></structure><catch_line>Prohibited practices</catch_line><history>1998, c. 891.</history><order_by/><metadata/><court_decisions/><official_url>http://law.lis.virginia.gov/vacode/38.2-5806/</official_url><refers_to/><url>/38.2-5806/</url><token>38.2/58/38.2-5806</token><referred_to_by/><text><section id="2479657" prefix="A"><text/><type>section</type><prefixes><section>A</section></prefixes><entire_prefix>A</entire_prefix><prefix_anchor>A</prefix_anchor><level>1</level></section><section id="2479658" prefix="B"><text/><type>section</type><prefixes><section>B</section></prefixes><entire_prefix>B</entire_prefix><prefix_anchor>B</prefix_anchor><level>1</level></section><section id="2479659" prefix="1"><text/><type>section</type><prefixes><section>B</section><section>1</section></prefixes><entire_prefix>B1</entire_prefix><prefix_anchor>B1</prefix_anchor><level>2</level></section><section id="2479660" prefix="2"><text/><type>section</type><prefixes><section>B</section><section>2</section></prefixes><entire_prefix>B2</entire_prefix><prefix_anchor>B2</prefix_anchor><level>2</level></section><section id="2479661" prefix="C"><text>The following shall apply in accordance with provisions in Title 32.1 or regulations promulgated thereunder:</text><type>section</type><prefixes><section>C</section></prefixes><entire_prefix>C</entire_prefix><prefix_anchor>C</prefix_anchor><level>1</level></section><section id="2479662" prefix="1"><text> Where complaints of a covered person may be resolved through a specified arbitration agreement, the covered person shall be advised in writing of his rights and duties under the agreement at the time the complaint is registered.</text><type>section</type><prefixes><section>C</section><section>1</section></prefixes><entire_prefix>C1</entire_prefix><prefix_anchor>C1</prefix_anchor><level>2</level></section><section id="2479663" prefix="2"><text> No contract or evidence of coverage that entitles covered persons to resolve complaints through an arbitration agreement shall limit or prohibit such arbitration for any claims asserted having a monetary value of $ 250 or more.</text><type>section</type><prefixes><section>C</section><section>2</section></prefixes><entire_prefix>C2</entire_prefix><prefix_anchor>C2</prefix_anchor><level>2</level></section><section id="2479664" prefix="3"><text> If the covered person agrees to binding arbitration, his written acceptance of the arbitration agreement shall not be executed prior to the time the complaint is registered nor subsequent to the time an initial resolution is made, and the agreement shall be accompanied by a statement setting forth in writing the terms and conditions of binding arbitration.</text><type>section</type><prefixes><section>C</section><section>3</section></prefixes><entire_prefix>C3</entire_prefix><prefix_anchor>C3</prefix_anchor><level>2</level></section></text></law>
