Excise Tax Language. If the Board receives notice that the total cost of a group health plan or plans offered under this contract will trigger an excise tax under Internal Revenue Code Section 4980I, or any other federal statute or regulation, during the term of this contract, the Board and the Union will, upon the request of the Board, engage in mid-term negotiations regarding the impact of such excise tax, in accordance with the Municipal Employees Relations Act (MERA).
Excise Tax Language. Annually during the month of January, the District and the Association agree to jointly request that the District’s plan provider and/or health benefits consultant provide the District and the Association with projected information as to whether or not the health benefit plan that will be offered by the District would be projected to incur or actually incur an excise tax, tax, or penalty, as the result of the implementation of the Patient Protection and Affordable Care Act (ACA) on the District’s health benefit plan. In the event that it is determined and/or projected as of January of each school year that the health benefit plan offered by the District will have or actually incur excise taxes, taxes, or penalties that will or are imposed on the District’s health benefit plan exceeding the thresholds provided in the ACA, the Association and the District will attempt to negotiate the introduction of a health benefit plan that will take place as of the commencement of the plan year in July. In the event that the District and the Association are unable to agree on the introduction of a health benefit plan that will not incur excise taxes, taxes, or penalties based upon the projection or projections provided, then in that event, the Association and the District will be mandatorily obligated to agree to introduce the next lowest health benefit plan to the plan design agreed to in this Collective Bargaining Agreement that will not incur excise taxes, taxes, or penalties during the plan year in question. It is the intention of this provision to avoid having a health benefit plan in place during any year of the term of this Collective Bargaining Agreement that would incur excise taxes, taxes, or penalties.
Excise Tax Language. P-1 During the term of this Collective Bargaining Agreement or at any time after its expiration date until such time as a new Agreement is negotiated, should the calculated total premium for any medical plan offered pursuant to the Agreement exceed the threshold amount as stated in any applicable federal or state legislation so as to subject the medical plans to a tax or fee, the parties agree to address that issues as follows:
