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Insurance > "Hold Harmless" Clause

The following information is about "Hold Harmless" Clause.

"Hold Harmless" Clause Defined

Found in managed care contracts in which the HMO and its physicians hold each other not liable for malpractice or corporate malfeasance if either is found liable. This clause is also common for insurance carriers. State law requires this type of clause to prohibit health care providers from billing patients if their managed care company becomes insolvent.

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