HomeMy WebLinkAboutDelta Dental-6/9/2014Council Communication
Council Meeting: Tune 9, 2014
Prepared: May 22, 2014
Dept. Head Signature: Suzy Schares
# of Attachments:
SUBJECT: Delta Dental
Submitted by: Suzy Schares, City Clerk
Recommended City Council Action: Resolution approving annual renewal of contract with Delta
Dental to administer the employee dental health care benefit plan, including administrative and
claim services at a cost of $3.91 per employee per.
Summary Statement
Expenditure Required: $3.91 per employee per month
Source of Funds: General Fund
Policy Issue
Alternative
Background Information:
!� DELTA DENTAL'
Experience Period Claims Paid 3/1/13 through 2/28/14
Claims Paid 3/1/13 through 2/28/14
Adjustment of Claims to Incurred Basis
Incurred Claims
Trend in Claims
Projected Claims Based on Current Experience
Claims and Enrollment Fluctuation Adjustment
Projected Annual Claims Based on Current Enrollment
Fixed Fees
Aggregate Stop Loss
Administrative Fees
Operating Costs
Network Access Fee
Broker Fee
Subtotal Fixed Fees
Projected Annual Expense
City of Waterloo
Group # 92179
Contract Period 7/1/14 through 6/30/15
Financial Exhibit
Per Contract
$0.00
$3.66
$0.25
$0.00
$424,930
$13,142
$438,072
$23,524
$461,597
$53,904
$515,501
$0
$29,031
$1,983
$0
$3.91 $31,014
I acknowledge acceptance of this renewal at the rates shown above.
Percent of Premium Contributed by Employer:
Total mployees Enrolled:
$546,515
Single I ( % Family I (XX
Total Employees Eligible:
E -Mail Address
Signature of Group Administrator
Please sign and return to fax # 888-337-5157
DELTA DENTAL OF IOWA
Delta Dental PPOBM
Current Enrollment
Single Famiiv,
152 509
Projected Claim Factors
Single Famlly,
$24.27 $77.15
Attachment Points
Single Famlly,
N/A N/A
Fixed Fees
Cost Per Contract
Current Renewal
$3.80 $3.91
Suggested Rates
Single Family
$25.73 $81.79
Maximum Funding
Single Family
N/A N/A
Date
Council Communication
Council Meeting: June 9, 2014
Prepared: May 22, 2014
Dept. Head Signature: Suzy Schares
# of Attachments:
SUBJECT: Deka Dental
Submitted by: Suzy Schares, City Clerk
Recommended City Council Action: Resolution approving annual renewal of contract with Delta
Dental to administer the employee dental health care benefit plan, including administrative and
claim services at a cost of $3.91 per employee per.
Summary Statement
Expenditure Required: $3.91 per employee per month
Source of Funds: General Fund
Policy Issue
Alternative
Background Information: