Within how many days must every licensed person report a settlement over $3,000 to the Board?

The requirement for reporting settlements over $3,000 to the Board within a specified timeframe is established to ensure transparency and accountability among licensed professionals. In California, licensed optometrists must report such settlements within 30 days. This regulation is designed to allow the Board to monitor the conduct of its licensees and to take appropriate action if necessary to protect the public.

Timely reporting helps maintain the integrity of the profession and assists the Board in addressing any patterns of behavior that may arise from multiple settlements, thereby enhancing public safety and trust in the healthcare system. Understanding this timeframe is crucial for compliance with California's optometry laws and regulations.