Joint Insurance Committee. A. A joint insurance committee shall be established comprised of three Union representatives and three Board representatives. The Union representatives shall be appointed by the President of the Union and the Board representatives shall be appointed by the Chancellor. Each committee member shall serve a two-year term beginning on July 1 of each odd-numbered year. B. The committee shall meet at least four times each semester with their party providers to study and review all aspects of the insurance plans. The committee shall be consulted and make its recommendations regarding the selection of all companies related to providing health care, including the preparation of RFPs, reviewing bids from competing companies and selecting the provider to be the insurance administrator, Managed Care provider, or other third party administrator. The insurance committee shall investigate and make its recommendation regarding a managed prescription drug plan. C. The committee shall provide its findings and recommendations to the Union President and the Chancellor. The committee shall make its recommendations based on a majority vote of its members. The committee shall not recommend changes in the insurance coverage which violate terms of the collective bargaining agreements. D. The Union representatives on the Joint Insurance Committee shall, upon 24 hours notice, be provided with release time from work to attend committee meetings when such meetings are called. Union representatives shall suffer no loss in pay for attending committee meetings. Meetings shall be scheduled in such a manner as to minimize the loss of working time.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
