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HomeMy WebLinkAboutDelta Dental-6/6/2016 City of Waterloo d DELTA DENTAL Group#92179 Rating Period 7/1/16 through 6/30/17 Financial Exhibit • Delta Dental PPOSM Current Enrollment Experience Period Claims Paid 1/1/15 through 12/31/15 Single Family 144 503 Claims Paid 1/1/15 through 12/31/15 $490,198 Adjustment of Claims to Incurred Basis $15,161 Incurred Claims $505,359 Projected Claim Factors 7/1/15 through 6/30/16 Trend in Claims $30,625 Single Family, Projected Claims Based on Current Experience $535,984 $24.27 $77.15 Claims and Enrollment Fluctuation Adjustment ($28,368) Projected Annual Claims Based on Current Enrollment $507,616 Fixed Fees Per Contract Operating Costs $3.92 $30,435 Fixed Fees Network Access Fee $0.25 $1,941 Cost Per Contract Broker Fee $0.00 $0 Current Renewal $4.02 $4.17 Subtotal Fixed Fees $4.17 $32,376 Suggested Rates 7/1/15 through 6/30/16 Single Family $25.82 $82.07 Projected Annual Expense $539,992 I acknowledge acceptance of this renewal at the rates shown above. Percent of Premium Contributed by Employer: Single % Family % Total Employees nrolled: Total Employees Eligible: �► 'l�Z .SG S ✓r . ,la.0rr it L./ c2D i(o Signature of roup Administrator E-Mail A dress Date Please sign add return to fax#888-337-5157 DELTA DENTAL OF IOWA