Common use of Contract Management; Monitoring Clause in Contracts

Contract Management; Monitoring. ‌ Insurer shall comply with all provisions of this Contract and its amendments, if any, and shall act in good faith in the performance of the Contract. FHKC, in its sole discretion, may assess Insurer Financial Consequences up to five hundred dollars ($500) per incident of noncompliance. Such Financial Consequences shall not be assessed if other applicable Financial Consequences are assessed for the incident. Insurer shall utilize written policies and procedures to implement all provisions of this Contract. Insurer shall provide education and training to its staff, as appropriate and applicable to the staff members’ duties, including education and training regarding advance directive policies and procedures. Insurer shall allow FHKC to participate in its formal training modules or sessions upon request.

Contract Management; Monitoring. ‌ Insurer shall comply with all provisions of this Contract and its amendments, if any, and shall act in good faith in the performance of the Contract’s provisions. FHKC, in its sole discretion, may assess Insurer Financial Consequences financial consequences up to five hundred dollars ($500) per incident of noncompliance. Such Financial Consequences financial consequences shall not be assessed if other applicable Financial Consequences financial consequences are assessed for the incident. Insurer shall utilize written policies and procedures to implement all provisions of this Contract. Insurer shall provide education and training to its staff, as appropriate and applicable to the staff members’ duties, including education and training regarding advance directive policies and procedures. Insurer shall allow FHKC to participate in its formal training modules or sessions upon request.