Common use of PPACA Clause in Contracts

PPACA. The parties acknowledge that the Patient Protection and Affordable Care Act of 2010, as amended (PPACA), imposes a number of requirements and penalties related to health care plans and sponsors. Because the PPACA regulations are not yet issued in final form, and many questions remain with respect to eligibility, coverage, penalties and exchange rules, the Employer may request to open negotiations on health insurance matters covered under this Agreement that have been specifically impacted by the PPACA regulations and have been found to be in violation of the law or the PPACA regulations. Should the Employer decide to re-open negotiations, it will provide the other party thirty (30) days prior written notice of such intent.

PPACA. The parties acknowledge that the Patient Protection and Affordable Care Act of 2010, as amended (PPACA), imposes a number of requirements and penalties related to health care plans and sponsors. Because the PPACA regulations are not yet issued in final form, and many questions remain with respect to eligibility, coverage, penalties and exchange rules, the Employer may request to open negotiations on health insurance matters covered under this Agreement that have been specifically impacted by the PPACA regulations and have been found to be in violation of the law or the PPACA regulations. Should the Employer decide to re-re- open negotiations, it will provide the other party thirty (30) days prior written notice of such intent.