62Q.739 UNILATERAL TERMS PROHIBITED.
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/mn/chapter-62/62q-739A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
62Q.739 UNILATERAL TERMS PROHIBITED.
(a)A contract between a health plan company and a health care provider shall not contain or require unilateral terms regarding indemnification or arbitration. Notwithstanding any prohibitions in this section, a contract between a health plan company and a health care provider may be unilaterally terminated by either party in accordance with the terms of the contract.
(b)A health plan company may not terminate or fail to renew a health care provider's contract without cause unless the company has given the provider a written notice of the termination or nonrenewal 120 days before the effective date.