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Renewal Rate for Voluntary Dental Plan TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Renewal Rate for the Voluntary Dental Plan DATE: October 30, 2012 Personnel Manager Randy Peck is recommending City Council approval of the renewal rates for the Delta Dental plan for January 1, 2013, through December 31, 2012. The rates will remain the same, with the single premium at $32.96 per month and the family premium at $98.79 per month. I concur with the recommendation and respectfully request Mayor and City Council approval. Michael 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 Masterpiece on the Mississippi TO: FROM: SUBJECT: DATE: Michael C. Van Milligen, City Manager Randy Peck, Personnel Manager Renewal Rate for the Voluntary Dental Plan October 16, 2012 Dubuque All- AmedcaCity 'IIIr 2007 Delta Dental has submitted the renewal rates for the plan year beginning January 1, 2013 through December 31, 2013. Delta Dental is proposing that the rates remain the same. Effective January 1, 2013 the single premium will remain at $32.96 per month and the family premium will remain at $98.79 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 E� DELTA DENTAL City of Dubuque Group # 725 Contract Period 1/1/13 through 12/31/13 Financial Frbibit Experience Period Claims Paid 9/1/11 through 8/31/12 Claims Paid 9/1/11 through 8/31/12t $68,563 Beth" Ate dfrnte of IncwTed Bit Not Reported Claims $2,121 Fully Incurred Claims $70,684 Trend in Claims • $4,750 projected riohneiBased on Current Experience $75,434. Claims'and Enrollment Fluetrtation Adjustment $13,936 Projected Annual Claims Based on Current Enrollment $89,370 Fixed Fees Administrative Fees Operating Costs $15,771 Broker Fee $0 Subtotal Fixed Fees • $15,771 Projected Annual Expense $105,141 I acknowledge acceptance of this renewal at the rates shown above. Delta Dental Premier Enrollment as of 8/31/12 Single 80 Family 62 Total 142 CurrentRates • Effective 1/1/12 through 12/31/12 Single $32,96 Family $98.79 Renewal Rates Effective 111/13 through 12/31/13 Single $3296 Family $98.79 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 . PereeatofPrembamCoauabutedbyEmplbyer. Single ° % Family 0 • Total Employees Enrolled: 75 ' Total Employees Eligible: 550 . citypers @cityofdubuque.org Signature of Croup Administrator Please sign andrehuato fast* 888 - 2641433 Michael C. Van Milligen City Manager E-Mail Address DELTA DENTAL OF IOWA Date