Insurance Carriers. All PSP’s insurance shall be issued by insurance carriers authorized to do business in Texas at the time the policy is issued (and at all times during the term of this Agreement) and rated by A.M. Best Company as A-VII or better, confirmed by one or more insurance certificates conforming to the following requirements:
Insurance Carriers. All insurance required of Contractor hereunder shall be through insurance carriers licensed to do business in the State of California and otherwise reasonably acceptable to University.
Insurance Carriers. An insurance committee composed of District and Association members will meet to review the insurance plans to be offered for the following school year and to review comparable plans for possible implementation.
Insurance Carriers. Coverage shall be subject to the provisions of the Master Agreement with the insurance carrier and such provisions shall include coordination and subrogation of benefits. Any change in carriers will provide for no loss or lapse of coverage unless otherwise mutually agreed.
Insurance Carriers. The Company reserves the right at any time to place the programs provided for in this Supplemental Agreement with insurance carriers other than those now providing those coverages, provided the new carrier provides benefits equal to those in effect prior to the change in carriers
Insurance Carriers. All insurance specifications shall be listed in the Master Agreement.
Insurance Carriers. The Board of Education at its sole discretion may change the identity of carriers or administrators contracted to provide or to administer medical, prescription drug, dental, vision and/or life insurance in whole or in part. Prior to changing vendors under this section, the Board shall notify the President of the Association at least thirty (30) days in advance of the nature of the proposed change and the reasons therefore. During the next ensuing thirty (30) day period, the parties shall meet and the reasons for the proposed change shall be more fully explained. Any changes in the identity of the carriers or administrators contracted to provide or to administer medical, prescription drug, dental, vision and/or life insurance benefits in whole or in part must provide substantially equal coverage, benefits and service to the members of the bargaining unit and their dependents at no additional cost, and any claims then or thereafter that this is not the case may be the subject of a grievance under the controlling grievance procedures. If, during the thirty (30) day period set forth above, the parties cannot agree that this is the case, either the Board or the Association may invoke arbitration as provided under this Agreement for the purpose of determining whether the proposed change or changes will, in fact, provide equal benefits, at no additional cost to covered employees or their dependents. Network equivalence shall not be a factor in considering substantial equivalence in coverage, benefits and service, provided that there is no disruption of physicians of greater than fifteen percent (by visit). A change in formulary shall be considered equivalent if at least 90 of the 100 drugs most commonly used by Westport teachers shall be included in the formulary. Any arbitration under this clause will be final and binding as provided by the contract, preferably before an arbitrator experienced in insurance matters.
Insurance Carriers. The insurance carrier(s) and program specifications shall be mutually agreed to by the Board and the Association for all insurance other than that currently included in the South Central Indiana School Trust.
Insurance Carriers. At any time during the term of this Agreement, the NBA may change the carrier of any of the foregoing insurance programs, subject to the Players Association’s prior written approval, which approval shall not be unreasonably withheld. In no event shall any change in insurance carrier result in a change in the types or levels of any of the benefits provided for above, except as otherwise requested by the Players Association under Section 1(e) above. In the event that a type of or level of benefit is not commercially available, the NBA may substitute a type of or level of benefit of comparable value, subject to the Players Association’s approval, which approval shall not be unreasonably withheld.
Insurance Carriers. The Board reserves the right to change the insurance company providing any negotiated benefit providing that such new carrier shall provide benefits equal to or better than those currently in effect. In the event a change in carrier is necessary during the term of this contract, effected employees and their representative organization will be informed prior to the change. Also, group meetings will be held to enroll eligible employees with the new carrier and to explain any procedural changes necessary to maintain and/or improve benefits. New contracts will be provided to each enrolled employee. Copies of the full insurance contract may be reviewed during business hours in the Board of Education office. Copies will be supplied to employees or their representative at cost. The Board and the Union agree to explore the opportunity that the Ohio Health Care Trust presents as an alternative to the current Health Insurance provided by the District.