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Delta Dental Voluntary Dental Plan Copyright 2014 City of Dubuque Consent Items # 6. ITEM TITLE: Delta Dental Voluntary Dental Plan SUMMARY: City manager recommending approval of the Delta Dental renewal rates for the plan year January 1 , 2016, through December 31 , 2016. SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Approve ATTACHMENTS: Description Type ❑ Delta Dental Renewal Rates-MVM Memo City Manager Memo ❑ Memo-Delta Dental Renewal Staff Memo ❑ Delta Dental Renewal Supporting Documentation THE CITY OF Dubuque UBE I erica .i Masterpiece on the Mississippi 2007-2012-2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Renewal Rates for the Voluntary Dental Plan DATE: September 17, 2015 Personnel Manager Randy Peck recommends City Council approval of the Delta Dental renewal rates for the plan year January 1, 2016, through December 31, 2016. Delta Dental is proposing that the rates remain the same, with the single premium at $35.83 per month and the family premium at $107.63 per month. I concur with the recommendation and respectfully request Mayor and City Council approval. Mic ael C. Van Milligen MCVM:jh Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Randy Peck, Personnel Manager THE CITY OF Dubuque DtUB E AII•Amedca Glty Masterpiece on the Mississippi 2007 TO: Michael C. Van Milligen, City Manager FROM: Randy Peck, Personnel Manager SUBJECT: Renewal Rate for the Voluntary Dental Plan DATE: September 15, 2015 Delta Dental has submitted the renewal rates for the plan year beginning January 1, 2016 through December 31, 2016. Delta Dental is proposing that the rates remain the same. Effective January 1, 2016 the single premium will remain at $35.83 per month and the family premium will remain at $107.63 per month. The Health Care Committee has approved the renewal rates. The requested action is for the City Council to approve the renewal rates and authorize you to sign the attached financial exhibit. RP:Imh !.Z DELTA DENTAL" City of Dubuque Group # 1286 Contract Period 1/1/16 through 12/31/16 Financial Exhibit Experience Period Claims Paid 8/1/14 through 7/31/15 Claims Paid 8/1/14 through 7/31/15 Estimate of Incurred But Not Reported Claims Fully 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 $118,961 $3,679 $122,640 $7,003 $129,643 $4,316 $133,959 Administrative Fees Operating Costs $27,437 Broker Fee $0 Subtotal Fixed Fees $27,437 Projected Annual Expense $161,396 I acknowledge acceptance of this renewal at the rates shown above. Delta Dental PPOsM Enrollment as of 7/31/15 Single 87 Family 96 Total 183 Current Rates Effective 1/1/15 through 12/31/15 Single $35.83 Family $107.63 Renewal Rates Effective 1/1/16 through 12/31/16 Single $35.83 Family $107.63 Renewal Percentage Change 0.00% If a member elects this voluntary benefit plan coverage, they will be required to continue coverage for 12 months before they may discontinue coverage. Percent of Premium Contributed by Employer: Single Total Employees Enrolled: 3 0 % Family 0 Total Employees Eligible: citypers@cityofdubuque.org Signature of Group Adiiiinistrator E -Mail Address Date, Please sign and return to fax # 888-337-5157 Michael C. Van Milligen, City Manager DELTA DENTAL OF IOWA 566