Certified QHPs Clause Samples
The 'Certified QHPs' clause defines the requirement that only Qualified Health Plans (QHPs) which have been officially certified by the appropriate regulatory authority may participate in a given program or marketplace. In practice, this means that health insurance plans must meet specific standards and undergo a formal approval process before being offered to consumers, ensuring they provide essential health benefits and comply with established regulations. This clause serves to protect consumers by guaranteeing that only vetted and compliant health plans are available, thereby promoting quality and reliability in health coverage options.
Certified QHPs. The parties acknowledge and agree that furthering the goals of the Exchange require Contractor to work with the other Certified QHPs and its contracted providers to play an active role in building and supporting models of care to meet consumer and social needs for providing better care, promoting health and lowering per capita costs through improvement. Contractor agrees to work with the Exchange to develop or participate in initiatives to promote models of care that (i) target excessive costs,