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Delta Dental Voluntary Dental PlanCity of Dubuque ITEM# 11 ITEM TITLE: SUMMARY: SUGGESTED DISPOSITION: Copyright 2014 Delta Dental Voluntary Dental Plan City Manager recommending approval of the renewal rates with Delta Dental for the Voluntary Dental Plan beginning January 1, 2015 through December 31, 2015. Suggested Disposition: Receive and File; Approve ATTACHMENTS: Description ❑ Renewal Rate for Voluntary Dental Plan -MVM Memo ❑ Delta Dental Renewal Rate 2015 ❑ Renewal Rate for Dental Plan Type City Manager Memo Supporting Uocumentalion Stat Merro Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Renewal Rate for the Voluntary Dental Plan DATE: September 18, 2014 Dubuque 2007.2012 .2013 Delta Dental has submitted the renewal rates for the plan year beginning January 1, 2015 through December 31, 2015. Delta Dental is proposing that the rates remain the same. The single premium will remain at $35.83 per month and the family premium will remain at $107.63 per month. Personnel Manager Randy Peck recommends City Council approval of the renewal rates. I concur with the recommendation and respectfully request Mayor and City Council approval. fir Mic, al 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 !, DELTA DENTAL" City of Dubuque Group # 1286 Contract Period 1/1/15 through 12/31/15 Financial Exhibit Experience Period Claims Paid 8/1/13 through 7/31/14 Claims Paid 8/1/13 through 7/31/14 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 $98,037 $3,032 $101,069 $5,771 $106,840 $21,759 $128,599 Administrative Fees Operating Costs $26,339 Broker Fee $0 Subtotal Fixed Fees $26,339 Projected Annual Expense $154,938 I acknowledge acceptance of this renewal at the rates shown above. Delta Dental PPOsM Enrollmentas of 7/31/14 Single 87 Family 91 Total 178 Current Rates Effective 1/1/14 through 12/31/14 Single $35.83 Family $107.63 Renewal Rates Effective 1/1/15 through 12/31/15 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: Single0 % Family 0 Total Employees Enro11 1: 178 Total Employees Eligible: 552 citypers@cityofdubuque.org Signature of Group Administrator Please sign and return to fax # 888-337-5157 Michael C. Van Milligen City Manager E -Mail Address DELTA DENTAL OF IOWA THE CITY OE DUB Masterptece TO: Michael C. Van Milligen, City Manager FROM: Randy Peck, Personnel Manager SUBJECT: Renewal Rate for the Voluntary Dental Plan DATE: September 15, 2014 Dubuque ***** AII-Amert a utd 2007 Delta Dental has submitted the renewal rates for the plan year beginning January 1, 2015 through December 31, 2015. Delta Dental is proposing that the rates remain the same. Effective January 1, 2015 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