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HomeMy WebLinkAboutItem 4.03 DeltaDentalRenewal CITY CLERK File # 720-40 & 600-30 AGENDA STATEMENT CITY COUNCIL MEETING DATE: May 7, 2002 SUBJECT: Delta Dental Rate Renewal Report Prepared by: dulie Carter, Assistant to the City Manager ATTACHMENTS: None RECOMMENDATION: Authorize City Manager to execute a contract extension with Delta  Dental FINANCIAL STATEMENT: Sufficient funds will be included in the City's Fiscal Year 2002- 2003 budget to cover premium costs. There are no increases in the premiums scheduled for Fiscal Year 2002-2003. DESCRIPTION: The City has maintained Delta Dental insurance since 1989. On July 1, 2002, the City joined ABD Insurance Services Municipality Pool and continued dental coverage through Delta Dental. The ABD Municipality Pool provides cities with added purchasing power when negotiating contract renewals. As part of the Municipality Pool, Dublin no longer is a single city negotiating for cost-effective benefit coverage; Dublin became part of a 20,000 participant group pool. As a result of this purchasing power, the Municipality Pool renewal rate for Fiscal Year 2002-2003 will remain the same as shown below: One Party $38.34 $38.34 Two Party $73.66 $73.66 Three or More Party $123.80 $123.80 Recommendation Staff recommends the City Council authorize the City Manager to execute a contract extension with Delta Dental. COPIES TO: Dulcey Lester, ABD Insurance Services ITEM NO.._~