HEALTHCARE COST CONTAINMENT Sample Clauses

HEALTHCARE COST CONTAINMENT. The parties shall establish a joint labor-management health care cost containment committee (HCCCC) to pursue purchasing, regulatory and legislative means to control industry driven cost drivers in local and regional health markets, including but not limited to high provider prices, lack of transparency, secret negotiations between commercial plans and providers and between purchasers and contracted plans, shadow pricing by commercial plans, and unsafe and ineffective care. The HCCCC will advocate for fundamental changes in provider reimbursement, with payment tied to demonstrated quality, efficiency, and value.

HEALTHCARE COST CONTAINMENT a. A joint District/PVEA Committee will investigate the viability of the “Plus Plan” and other healthcare alternatives, including but not limited to a $5/$10/$25 prescription plan in an effort to contain annual healthcare costs. The Committee will make recommendations to the Board and PVEA membership within sufficient times to initiate changes at the beginning of the first plan year following the entry into this Collective Bargaining Agreement. b. In the event that both the District and the PVEA agree to implement the “Plus Plan” or any other agreed upon health care plan, and the cost savings to the District are projected to be equal to or greater than $200,000.00 per year (or an amount agreed to by the Joint Committee), the employee contributions toward premiums over 5% per year for the existing Core Health Plan will be assimilated into the District’s contributions for the Plus Plan, resulting in a net pay to the Bargaining Unit Employee equivalent to the net pay if the Bargaining Unit Employee were making a 5% contribution to the healthcare plan. In the event the healthcare cost savings (i.e. savings measured from the PC 215 plan) do not achieve the $200,000.00 threshold amount, there will be no obligation to enter into this alternative program. Further, should this level not be achieved once the District and the PVEA elect to enter into the Plus Plan, or if the Plus Plan is determined to be illegal in whole or in part or would somehow jeopardize the receipt of the cost savings over the provisions set forth herein, then in that event, the employee contributions toward healthcare premiums for the Core Health Plan, namely 10% in the 2006-07 school year and each school year thereafter shall be immediately reinstated.