Common use of Equivalency Coverage Clause in Contracts

Equivalency Coverage. Notwithstanding the provisions of Section A, B, C, D and E, the Board and the Association agree that, in the event that the Board or the Association desires to replace the insurance described in any one or all of Sections A, B, C, D and/or E, the Board may do so upon the following conditions: 1. Under no circumstances may the insurance described in Sections A, B, C, D or E be reduced in any way below the coverage provided for. 2. There shall be no break or discontinuance in insurance coverage under Sections A, B, C, D and E. 3. Any other provider of the insurance described in Sections A, B, C, D and E must provide insurance that is generally acceptable to hospitals (and to doctors, dentists and pharmacies, if applicable) in the area of Westfield, New Jersey. 4. Any other provider of the insurance described in Sections A, B, C, D and E must have a reputation for making payments within a reasonable amount of time. 5. Either party shall have the right to reject the selection of a new insurance provider for any of the reasons set forth in Subsections 1 through 4 above. Such rejection, if it occurs, may be submitted to arbitration under the terms of Article III of this Agreement. I. Upon the death of a Paraprofessional while employed by the Board, his/her dependents may, at their own expense, continue in the district-sponsored health benefits program for life. J. Any Paraprofessional employed at least twenty (20) hours per full work week shall receive the insurance coverage at Board expense as per this article.

Equivalency Coverage. Notwithstanding the provisions of Section A, B, C, D and E, the Board and the Association agree that, in the event that the Board or the Association desires to replace the insurance described in any one or all of Sections A, B, C, D and/or E, the Board may do so upon the following conditions: 1. Under no circumstances may the insurance described in Sections A, B, C, D or E be reduced in any way below the coverage provided for. 2. There shall be no break or discontinuance in insurance coverage under Sections A, B, C, D D, and E. 3. Any other provider of the insurance described in Sections A, B, C, D and E must provide insurance that is generally acceptable to hospitals (and to doctors, dentists and pharmacies, if applicable) in the area of Westfield, New Jersey. 4. Any other provider of the insurance described in Sections A, B, C, D and E must have a reputation for making payments within a reasonable amount of time. 5. Either party shall have the right to reject the selection of a new insurance provider for any of the reasons set forth in Subsections 1 through 4 above. Such rejection, if it occurs, may be submitted to arbitration under the terms of Article III of this Agreement. I. 6. Upon the death of a Paraprofessional an employee while employed by the Board, his/her dependents may, at their own expense, continue in the district-sponsored health benefits program for life. J. Any Paraprofessional employed at least twenty (20) hours per full work week shall receive the insurance coverage at Board expense as per this article.