Common use of Policy Notifications Clause in Contracts

Policy Notifications. Health Plan retains the right to modify relevant policies and procedures of Vendor, as necessary, to assure compliance with Regulatory Requirements. Vendor shall have thirty (30) calendar days following written notification from Health Plan to propose alternatives to Health Plan’s modifications of Vendor’s policies and procedures. In the event Vendor accepts Health Plan’s modifications, or upon resolution of any issues related to the proposed modifications, Vendor shall have no more than sixty (60) calendar days to demonstrate compliance with modification requirements unless a lesser timeframe is required under Regulatory Requirements.