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<br />4.2.3 Consideration. Consideration for the duties and responsibilities imposed upon <br />Participating Members is based upon the mutual promises and agreements set forth <br />herein and the advantages each Member gains through participation in the Pool. <br />4.2.4 Liability. This Agreement does not constitute consent to liability for any claim against <br />another Participating Member. Nor does it create a partnership, surety, indemnification, <br />or liability for the general debts or claims against another Member. <br />4.3 Health Coverage Comparison Shopping and Collective Bargaining. <br />4.3.1 Member Obligations. The Board of Trustees is not capable or authorized to act on behalf <br />of Participating Members with respect to their collective bargaining obligations. <br />Specifically, but without limitation: <br />(a) Each Participating Member is solely responsible for meeting the collective <br />bargaining limitations provided in Minnesota Statutes, § 471.6161, subdivision 5, <br />which require that the aggregate value of benefits provided by a group insurance <br />contract for employees covered by a collective agreement shall not be reduced, <br />unless the public employer and exclusive representative of employees of an <br />appropriate bargaining unit agree to a reduction in benefits; <br />(b) Each Participating Member shall be solely responsible for meeting the <br />requirements specific to school districts pursuant to Minnesota Statutes, § <br />471.6161, subdivision 8, if applicable; and <br />(c) Each Participating Member shall be solely responsible for complying with the <br />notice and other requirements regarding the adoption or dissolution of a self- <br />insured employee benefit plan as set forth in Minnesota Statutes, § 471.617, <br />subdivision 4. <br />4.3.2 Pool Obligations. Pursuant to Minnesota Statutes, §§ 471.617, subdivision 5 and 123A.21, <br />subdivisions 7(c) and 12: <br />(a) The Pool shall rebid contracts for third party administration at least every four (4) <br />years and otherwise comply with applicable Minnesota statutes and rules with <br />respect to establishing Premiums related to employee health benefits; and <br />(b) The Board of shall not impose a fine or other penalty against a school district or <br />other Political Subdivision that solicits bids and other information from <br />competing sources of employee health benefits, provided such action does not <br />occur within five (5) months prior to the end of <br />Year. However, the Board may prohibit any school district or other Political <br />Subdivision that solicits such a bid from participating in the Pool for up to one (1) <br />year if the entity leaves the Pool to obtain other Coverage. <br />(c) Notwithstanding Minnesota Statutes, § 13.203, the Pool shall provide each <br />Participating Member with the monthly claims data. All <br />such data will be de-identified and shall not include identifying information as <br />defined pursuant to Minnesota Statutes, § 144.291, subdivision 2(d). No <br />Page 8 of 24 <br /> <br /> <br />