All agreements to arbitrate claims for injuries covered by the Administrative Workers' Compensation Act shall be valid and enforceable in this state when:
1. The employer provides notice of the existence of an agreement to arbitrate to both the employee and the employer's workers' compensation insurance provider;
2. The employer files an alternative dispute resolution program with the Workers' Compensation Commission, as defined in the Administrative Workers' Compensation Act;
3. The employers’ Certified Medical Plan files an alternative dispute resolution program with the Commission, as defined in the Administrative Workers’ Compensation Act; or 4. The agreement is subject to the Federal Arbitration Act and contains a provision that requires that, in addition to other remedies, any party to the arbitration be given the opportunity to appeal any decision on any issue of the arbitrator to the Workers' Compensation Commission.