Managed Care Nursing

Category - Healthcare Economics

Select the contractual provision wherein both parties are protected from each other’s liabilities.
  1. Indemnification provision
  2. Mutual Liability provision
  3. Dual Liability provision
  4. Individual party provision
Explanation
Answer: A-An indemnification provision is a contractual term used when both parties are protected from each other’s liabilities (and handle any liabilities individually). It is also referred to as a “hold harmless” provision.
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