THE AUTHORITY MAINTAINS DENTAL AND EYEGLASS COVERAGE THROUGH GUARDIAN INSURANCE COMPANY FOR CERTAIN ELIGIBLE EMPLOYEES. ALTHOUGH THE CURRENT POLICY WILL EXPIRE ON APRIL 30TH, THE AUTHORITY HAS BEEN ABLE TO OBTAIN A RATE LOCK WITH GUARDIAN INSURANCE TO EXTEND COVERAGE FOR AN ADDITIONAL 12 MONTHS BEGINNING MAY 1ST, 2020, AT THE 2019 PREMIUM RATE.
THE RENEWAL WILL OCCUR WITH NO GAP IN COVERAGE FOR THOSE EMPLOYEES WHO ARE CURRENTLY RECEIVING THIS EMPLOYEE COVERAGE BENEFIT AND WILL BE PRESENTED TO THE BOARD OF THE AUTHORITY FOR RATIFICATION AT ITS NEXT MEETING.