Insurance Committee – Insurance Reopener. The parties agree to continue a joint insurance committee to review insurance plan options and to make recommendations for potential changes in plan design that will provide quality, affordable care, while containing insurance costs. The committee will be called together if the City insurance costs experiences aggregate rate increases in excess of eight percent (8%) or if the excise tax provisions of the ACA places the City in jeopardy of being charged for the program on an individual or citywide basis. The committee shall determine plan changes that will bring the cost of increases for insurance to eight percent (8%) or less and/or below the ACA excise cap as applicable. If the committee is unable to reach a majority decision, then the parties agree to a ninety (90) day mid-term bargaining period under the statute, as a reopener of this article, Article 12 –
Insurance Committee – Insurance Reopener. The parties agree to continue a joint insurance committee to review insurance plan options and to make recommendations for potential changes in plan design that will provide quality, affordable care, while containing insurance costs. The committee will meet as needed beginning in the fall of 2018 to make recommendations for the next contract renewal, plan year 2020. The committee will be called together sooner if the City insurance costs experiences aggregate rate increases in excess of eight percent (8%) or if the excise tax provisions of the ACA places the City in jeopardy of being charged for the program on an individual or citywide basis. The committee shall determine plan changes that will bring the cost of increases for insurance to eight percent (8%) or less and/or below the ACA excise cap as applicable. If the committee is unable to reach a majority decision, then the parties agree to a ninety (90) day mid-term bargaining period under the statute, as a reopener of this article, Article 12 –
