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Board approves $7.02 million one‑time buydown of Delta Dental active PPO rates
Summary
The San Francisco Health Service System board voted unanimously to apply half of the Delta Dental active employee PPO’s 12/31/2018 rate stabilization reserve—$7,016,000—to reduce 2020 premiums, suspending the usual one‑third policy for this one‑time action.
The San Francisco Health Service System board voted to apply $7,016,000 of the Delta Dental active employee PPO’s rate stabilization reserve to lower premiums for plan year 2020.
Aon actuary Mike Clark told the board the Delta Dental active PPO has shown six years of favorable claims experience and a persistent build‑up in reserves. Clark recommended using one‑half of the 12/31/2018 stabilization balance—$7,016,000—while preserving the other half for later years and keeping other contingency reserves intact. "I feel, as an actuary, that still having…
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