Common use of Change of Carriers/Funding Arrangements Clause in Contracts

Change of Carriers/Funding Arrangements. The Town shall have the right to change insurance carriers or to self-insure, provided the coverage offered is substantially equivalent, as a whole, to the current plan outlined in this article. If there is any substantial change in coverage, the Town must negotiate such change prior to changing carriers. This provision does not preclude the Town from making non-substantial modifications so as to mitigate increased cost in health insurance. The Town agrees to notify the Union President and Vice President of any adjustments to coverage.

Change of Carriers/Funding Arrangements. The Town shall have the right to change insurance carriers or to self-insure, provided the coverage offered is substantially equivalent, as a whole, equivalent to the current plan outlined in this articlearticle as a whole. If there is any substantial change in coverage, coverage the Town must negotiate such change prior to changing carriers. This provision does not preclude Nothing in this contract precludes the Town from making non-substantial modifications so merging health insurance carriers with the Board of Education as to mitigate increased cost long as coverage is substantially the same as a whole with the insurance outlined in health insurance. The Town agrees to notify the Union President and Vice President of any adjustments to coveragethis article.

Change of Carriers/Funding Arrangements. The Town shall have the right to change insurance carriers or to self-insure, provided the coverage offered is substantially equivalent, as a whole, to the current plan outlined in this article. If there is any substantial change in coverage, the Town must negotiate such change prior to changing carriers. This provision does not preclude the Town from making non-substantial modifications so as to mitigate increased cost costs in health insurance. The Town agrees to notify the Union President and Vice President of any adjustments to coverage.