Common use of Benefits Plan Clause in Contracts

Benefits Plan. The College retains the right to choose the insurance carriers, or to change carriers, andto alter the design of its benefits plan, including introducing multiple tiers of premiums, provided that, during the term of this Agreement, the cost share shall not exceed the percentages set forth below. However, during the term of this Agreement, the College is committed to maintaining levels of health insurance coverage roughly comparable to the network and services coverages provided under the current plan. The College shall provide for each eligible full-time employee the following benefits during the duration of the Contract: 1. The College shall provide benefit dollars sufficient for each eligible employee to "purchase" 89 percent of the cost of the PPO health insurance coverage or 100% of the cost of the High Deductible Health Plan (HDHP). 2. the total cost of the current dental plan coverage; 3. the total cost of vision Plan A coverage; 4. the total cost of the Employee Assistance Program; 5. the total cost of current short-term disability coverage for the employee only; and,