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C-number: C-39-16-005-2

C-number: C-39-16-005-2-00
Item: #26
Revision: 00

Vote: approved

Item Text
26. REFUND TO ALL DELTA DENTAL INSURANCE POLICYHOLDERS Authorize the Employee Benefits and Health Department to pay a pro rata refund of up to $470,000 to employees who were Delta Dental policy holders through The Delta Dental Insurance Co. during the period July 1, 2014 to June 30, 2015. Delta Dental is a fully Insured dental plan. It is intended to be cost neutral to the Trust as premium costs paid to Delta should be 100% recouped thorough the premiums charged to employees and their departments. In the spring of 2014, Delta Dental reduced rates for Plan Year 2015 after employees had already enrolled in dental plans through open enrollment. This resulted in employees being charged the rate that was approved by the Board of Supervisors during plan year 2015, while the Trust paid Delta Dental the lower rate which appeared in the Contract. The result was a surplus for FY2015 of approximately $455,840. The Maricopa County Self-Insured Benefits Trust Fund Board of Trustees was informed of the proposed action at their regular meeting on August 17, 2015. (C-39-16-005-2-00)

1 item(s) sharing C-number base C-39-16-005-2