ITEM NUMBER: 6.C.
School Board Regular Meeting
- Meeting Date:
- 05/06/2019
- Prepared By:
- Tom Sager
Item Type:
Action
Subject:
Establish Rates for 2019-20 Dental Programs
Background:
Mankato Area Public Schools recently received renewal information for the self-insured dental program administered by Delta Dental of Minnesota. Attached is a summary report detailing the current financial status of the self-insured dental program. Below are the recommended renewal rates as determined by National Insurance Services (NIS) and the District’s Employee Insurance Committee. This represents 7% increase to dental rates for the 2019-20 year.
A voluntary dental program has been implemented to provide optional dental insurance benefits for employee groups that previously did not have access to group dental insurance plans. There is no employer contribution to the plan. The Voluntary Plan is a fully insured plan with rates guaranteed through 6/30/20, and will remain at current levels.
| Single | $36.38 |
| Family | $90.95 |
A voluntary dental program has been implemented to provide optional dental insurance benefits for employee groups that previously did not have access to group dental insurance plans. There is no employer contribution to the plan. The Voluntary Plan is a fully insured plan with rates guaranteed through 6/30/20, and will remain at current levels.
| Single | $34.32 |
| Single + 1 | $70.42 |
| Family | $113.20 |
Recommended Action:
The District’s Employee Insurance Committee and the administration recommend continuation of the described dental plans at the proposed rates.