Voluntary Dental Plan_ Acceptance of Renewal RatesMasterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Acceptance of Renewal Rates for the Voluntary Dental Plan
DATE: November 12, 2011
Dubuque
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2007
Personnel Manager Randy Peck is recommending City Council approval of the
premiums for the dental plan, which are paid by the employee. The single premium will
be reduced from $35.44 per month to $32.96 per month. The family premium will be
reduced from $106.23 per month to $98.79 per month. The 7% reduction is attributed
primarily to the fact that last year employees were required to enroll for the entire twelve
months unless there is a qualifying event.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
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Michael C. Van Milligen
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
Randy Peck, Personnel Manager
Masterpiece on the Mississippi
TO:
FROM:
SUBJECT:
DATE:
Michael C. Van Milligen, City Mana
Randy Peck, Personnel Manager
Acceptance of Renewal Rates for the Voluntary Dental Plan
November 9, 2011
Dubuque
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2007
The premiums for the dental plan, which are paid by the employee, will be reduced by
7% for the plan year beginning January 1, 2012 through December 31, 2012. The
single premium will go from $35.44 per month to $32.96 per month. The family
premium will go from $106.23 per month to $98.79 per month. The reduction is
attributed primarily to the fact that last year employees were required to enroll for the
entire twelve months unless there is a qualifying event.
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:jmh
+� DELTA DENTAL
City of Dubuque
Group # 725 - Revised
Contract Period 1/1/12 through 12/31/12
Financial Exhibit
Experience Period Claims Paid 9/1/10 through 8/31/11
Claims Paid 9/1/10 through 8/31/11 $79,878
Estimate of Incurred But Not Reported Claims $2,470
Fully Incurred Claims $82,348
Trend in Claims $5,534
Projected Claims Based on Current Experience $87,882
Claims and Enrollment Fluctuation Adjustment $1,485
Projected Annual CIaims Based on Current Enrollment $89,367
Fixed Fees
Administrative Fees
Operating Costs $15,771
Broker Fee $0
Subtotal Fixed Fees $15,771
Projected Annual Expense $105,138
1 acknowledge acceptance of this renewal at the rates shown above.
testa Dental Premier®
Enrollment as of 8131/11
Single 71
Family 65
Total 136
Current Rates
Effective 1/1/11 through 12/31/11
Single $35.44
Family $106.23
Renewal Rates
Effective 1/1/12 through 12/31/12
Single $32.96
Family $98.79
Renewal Percentage Change
-7.00%
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 % Family
Total Employees Enrolled: 138 Total Employees Eligible: 549
Signature of Group Administrator
Please sign and return to fax # 888 -264 -1433
Michael C. Van Milligen
City Manager
E -Mail Address
DELTA DENTAL OF IOWA
Date