A frequently found clause in managed care contracts whereby the HMO and the physician agree not to hold each other liable for malpractice or corporate malfeasance if either of the parties is found to be liable in a court of law.
A provision in a managed care contract that protects ("holds harmless") the MCO from all costs involved in defense, settlement, and judgment of patients' claims of injury, regardless of potential malpractice, negligence, or policies of the MCO. Also a clause that prohibits a provider from seeking payment from an enrollee if the health plan becomes bankrupt.
A clause in a contract by which one party agrees to assume the liabilities of the other party.
A clause frequently found in managed care contracts whereby the HMO and the physicians hold each other not liable for malpractice or corporate malfeasance if either of the parties is found to be liable. Many insurance carriers exclude this type of liability from coverage. It may also refer to language that prohibits the provider from billing patients if their managed care company becomes insolvent. State and federal regulations may require this language.
A clause inserted in a contract whereby one party agrees to indemnify and protect the other party from any injuries or lawsuits arising out of the particular transaction.
Also known as "save harmless clause". A clause in a contract in which one party releases another party for legal liability for a stated risk.
A clause frequently found in managed care contracts whereby the parties agree to indemnify each other for malpractice or corporate malfeasance if either is found to be liable. It may also refer to language that prohibits your doctor from billing you if your managed care company goes bankrupt.
A clause in a listing contract that protects an agent from liability for false information provided by the seller with regard to the condition of a property.
Contractual clause where one party assumes a liability risk for another and, thus, effectively indemnifies the named party from any liability.
