Change Carriers definition
Change Carriers. All plan designs, coverage levels and carriers will remain the same for the duration of this agreement except due to economic reasons of for other legitimate business reasons, the Company may elect to change insurance carriers or benefit offerings based on these business needs. But shall not reduce the current coverage levels unless the Company and the Union agree to such changes. Before any changes are made, the Company will convene a meeting with the Union international representative and Company to review and discuss benefit changes in advance of any final selection of the insurance carrier or other changes to the plan. Government Mandated Health Care: Company will comply with any government mandated changes to The Affordable Care Act (ACA) over the life of this agreement.
Examples of Change Carriers in a sentence
Upon reimbursingthe Board for the monies owed, the appropriate number of sick leave credits shall be reinstated to the employee, Right to Change Carriers The Employer reserves the right to change employee benefits insurers or carriers at any time, providing that the benefits are equal or better.