Common use of Re-Opening Clause in Contracts

Re-Opening. The Parties recognize that the ACA contains provisions that may impose a Cadillac Tax on health insurance benefits that exceed certain parameters defined in the ACA. The Parties further agree that it is in their best interest to act together to alleviate the financial impact of such a tax upon the State.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement