INSURANCE PLAN, PROVIDER, AND ADMINISTRATOR. To ensure that Xxxxxx Street can continue to provide cost-effective insurance, Xxxxxx Street reserves the right to select the insurance plans, the plan design/benefits, the insurance providers, and if applicable, the plan administrators for its health, dental, life, and short-term and long-term disability insurance plans, provided they are substantially similar to benefit levels provided under the current plans. In the event of a change in health and dental insurance, similarity shall be determined by comparison of benefit coverage, deductibles, out-of-pocket expenses, and co-insurance under the current PPO health insurance plan and dental insurance plan. Xxxxxx Street will consult with the Union prior to instituting any change.
