Common use of Insurance Changes Clause in Contracts

Insurance Changes. During the term of this Agreement and after its expiration, FP has the right to make annual plan design changes, changes to the length of the measurement period and stability period described in paragraph 2(c) above, and changes in the benefits offered under the Plans, including changes in coverages, deductibles, out-of-pocket maximums, incentives, surcharges and co-payments, provided that such changes apply on the same basis to other FP employees covered under the Plans. In addition, FP has the right to make changes in the Plans that it deems necessary or appropriate in connection with the ACA or any other federal or state laws governing employer-provided health care, including the need to comply with any statutory requirements or to avoid penalties or taxes, provided that such changes apply on the same basis to non-Guild-covered FP employees covered under the Plans. The changes authorized under this provision shall not be subject to arbitration or bargaining with the Guild.