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Health Service Board authorizes one-time use of Delta Dental stabilization surplus and approves lower PPO rates
Summary
The board approved suspending the standard stabilization policy for Delta Dental PPO and applying two-thirds of the 12/31/2022 stabilization surplus toward a 2024 buy-down, producing a recommended 6.9% reduction in active-employee PPO rates (with small administrative fee increases).
Aon recommended and the board approved a one-time suspension of the health service board'approved stabilization policy for the Delta Dental active-employee PPO plan and authorized applying two-thirds of the 12/31/2022 stabilization reserve surplus toward a buy-down for plan-year 2024.
Aon's presentation outlined that the plan had accumulated a…
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