> When very‐ high‐ risk officers see premiums go up, they would have to pay the difference out of their own pockets
These policies would almost certainly be bought and negotiated on the union level, as a union benefit. As such, rates would rise for everyone and be passed on to the taxpayer.
Indemnification requirements are simpler, and cut out the middle man. If the union then chooses to pass than risk to an insurer, that can be negotiated separately.
These policies would almost certainly be bought and negotiated on the union level, as a union benefit. As such, rates would rise for everyone and be passed on to the taxpayer.
Indemnification requirements are simpler, and cut out the middle man. If the union then chooses to pass than risk to an insurer, that can be negotiated separately.