Common use of Plan Options and Cost Clause in Contracts

Plan Options and Cost. Plan coverage specifications and premium costs may be reviewed in the summary plan description available from the Human Resource Services Office or at its web site. Premium rates, including faculty cost contributions, are subject to annual adjustment. As set forth in the summary plan description, insurance coverage options will be affected by events such as an award of disability benefits and retirement.

Plan Options and Cost. Plan coverage specifications and premium costs may be reviewed in the summary plan description available from the Human Resource Services Office or at its web site. Premium rates, including faculty cost contributions, are subject to annual adjustment. As set forth in the summary plan description, insurance coverage options will be affected by events such as an award of disability benefits and retirement.