MEDICAL, DENTAL, PRESCRIPTION& LIFE INSURANCE. 40.1 Virtua shall continue to offer to full and part time employees who work at least thirty-five (35) hours per pay period, medical, dental and prescription insurance benefits under the same terms and conditions (including the same costs of coverage, premium contributions, co-pays and deductibles, and medical waiver credits) as those benefits are provided to non-bargaining unit employees of Virtua. Virtua shall have the right to change, alter and/or amend these benefits (including changing cost of 77 coverage, premium contributions, co-pays and deductibles, plan design, insurance carriers and/or becoming fully or partially self- insured, and making such changes as may be required by applicable law), so long as such changes, alterations and/or amendments apply equally to the employees covered by this Agreement and non-bargaining unit employees of Virtua. Virtua shall have the right to offer more than one option for benefits (for example, a PPO or HMO), and the parties further acknowledge that Virtua shall have the right to add or delete a particular option so long as such additions and/or deletions apply equally to employees covered by this Agreement and to non-bargaining unit employees of Virtua. For calendar years 2015 and 2016 only, the benefits provided hereunder shall be at least reasonably comparable overall to the benefits currently provided, taking into account the totality of the entire benefit package offered. For calendar years thereafter, Virtua shall have the right to offer one or more options for benefits, and, for such option(s), the benefits provided at Virtua facilities and within a “preferred network” hereunder shall be at least reasonably comparable overall to the benefits currently provided at Virtua facilities and within a “preferred network” (for purposes of assessing whether the benefits are “reasonably comparable” the number and identity of service providers in the network shall not be taken into account). At least one option offered by Virtua shall provide out-of-network benefits, such benefits to be determined in Virtua’s discretion.
MEDICAL, DENTAL, PRESCRIPTION& LIFE INSURANCE. 40.1 Virtua shall continue to offer to full and part time employees who work at least thirty-five (35) hours per pay period, medical, dental and prescription insurance benefits under the same terms and conditions (including the same costs of coverage, premium contributions, co-pays and deductibles, and medical waiver credits) as those benefits are provided to non-bargaining unit employees of Virtua. Virtua shall have the right to change, alter and/or amend these benefits (including changing cost of coverage, premium contributions, co-pays and deductibles, plan design, insurance carriers and/or becoming fully or partially self- insured, and making such changes as may be required by applicable law), so long as such changes, alterations and/or amendments apply equally to the employees covered by this Agreement and non-bargaining unit employees of Virtua. Virtua shall have the right to offer more than one option for benefits (for example, a PPO or HMO), and the parties further acknowledge that Virtua shall have the right to add or delete a particular option so long as such additions and/or deletions apply equally to employees covered by this Agreement and to non-bargaining unit employees of Virtua. The benefits provided at Virtua facilities and within a “preferred network” hereunder shall be at least reasonably comparable overall to the benefits currently provided at Virtua facilities and within a “preferred network” (for purposes of assessing whether the benefits are “reasonably comparable” the number and identity of service providers in the network shall not be taken into account). At least one option offered by Virtua shall provide out-of-network benefits, such benefits to be determined in Virtua’s discretion.
