Type of managed care plan that has a contract with a clause that allows the plan to assign the contract, or parts of it, to another third party. These contracts are considered legal in most states. If an explanation of benefits document has “network discount applied,” then investigate further into the claim to determine if a silent PPO is operating. Always precertify procedures and look at patients’ insurance cards even if the patients are established because this may help discover silent PPOs. Also called blind PPO, phantom PPO, discounted indemnity plans, nondirected PPO , or wraparound PPO .
Insurance Encyclopedia
Silent risk
A risk or insurance in respect of premises where no activities are currently undertaken and no machinery used.
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Premises in which no trade is carried on or no machinery is worked for manufacturing purposes.
Silent Risks for Fire Insurance
Factories where no manufacturing/storage activities are carried out continuously for 30 days or more – Retention of the premium shall be based on the appropriate storage rate or silent risk rate of Rs. 1.00%-o whichever is higher for the silent period. The silent rates are not applicable if a risk goes silent following a loss under the policy. Risks becoming silent are not eligible for any other discount.