Change of Insurance Carrier. If the BOARD elects to change insurance carriers for any of the insurance provided under this Article, any new insurance coverage secured shall be equivalent to the coverage described in this Article.
Change of Insurance Carrier. Whenever the District contemplates a change in insurance carrier covered under this Agreement, the District agrees to notify the Union of the contemplated changes and further agrees to consult with the Union before taking action on the change. Changing carriers shall not adversely affect the level of benefits, unless a change of benefit levels is negotiated between the parties.
Change of Insurance Carrier. If the Board deems it necessary to change insurance carriers, any policy purchased shall be equal to or better than the current level of benefits.
Change of Insurance Carrier. The foregoing medical and life insurance benefits shall be provided by any responsible insurance company or companies selected by the Employer to furnish the coverage. In the event the Employer shall elect to change the company or companies providing such coverage, there shall be no diminution of benefits as a result of such change.
Change of Insurance Carrier. The Employer reserves the right to change insurance carriers or plans so long as the benefits to be provided are substantially equivalent to those of the existing plan(s).
Change of Insurance Carrier. The insurance carrier(s) for any benefit(s) may be changed by the Employer provided that benefits are equal to or greater than the current benefits. The Association shall have the right to review and comment on the proposed change prior to implementation.
Change of Insurance Carrier. The Town shall have the right to change insurance carriers and/or to self-insure and/or fully insure in whole or in part, in order to provide insurance coverage as set forth above, provided further that coverages which result from change in carriers and/or self-insurance are substantially equivalent or better than the coverage described above in terms of coverage, benefits and administration. The absence of assignment of benefits afforded through Anthem Blue Cross and Blue Shield provider network shall not act as a bar to the consideration of alternative carriers. The President of the Union shall be notified in writing within thirty (30) days of any intention to change carriers and shall have a reasonable opportunity to review the proposed changes. Should the Union and the Town disagree that the changes proposed will provide coverages substantially equivalent to the coverages, benefits and administration described above at no additional cost to staff members, the disagreement(s) shall be subject to arbitration before the State Board of Mediation and Arbitration. The status quo will be maintained during the above procedures.
Change of Insurance Carrier. Before the Board of Education changes its insurance carrier, a committee consisting of two board members or their representatives, the superintendent and two teachers will study the current coverage along with that of any proposed carriers to ensure all parties agree the benefits are adequate and comparable.
1. A pool of $134,800 will be set aside for district contributions to teachers’ health insurance premiums. This pool will be split equally among those teachers who are enrolled in the district sponsored health insurance program at the end of open enrollment and then placed into their Section 125.
2. If the district employs a husband and wife as teachers and if they participate in the District’s health and dental insurance program (either as two singles or a family), each will receive the district’s monthly contribution.
3. In the event of an increase or decrease in membership in the insurance pool, due to a qualifying event, the district will assume liability. In the event an additional amount is required by the Affordable Care Act, the district has the flexibility to meet federal regulations.
4. USD 507 may add to the benefit pool to remain in compliance with the Health Care Reform Law as it pertains to grandfathering.
Change of Insurance Carrier. If the Board deems it necessary to change insurance carriers, any policy purchased that would result in a reduction of benefits, shall follow the process described in Section 5.07 of this Article.
Change of Insurance Carrier. The City reserves the right to provide any insurance under this agreement through any carrier it elects or to self-insure any insurance, provided (a) that the benefits provided are equal to or better than the benefits being provided on the date of the (signing of this agreement), and (b) the Union is notified at least 30 days in advance of such change; and
