Page 8 - ECIC 2020 Renewal

EARLY CHILDHOOD INVESTMENT CORPORATION
SEPTEMBER 1, 2020 DENTAL AND VISION RENEWAL
PREPARED BY: GREGORY ARED BY: GREGORY D. BROGAN

Current Renewal Alt # 1
# of
employees Delta Dental/PHP Delta Dental/PHP UNUM

Single 13 $37.69 $37.69 $35.63
Double 6 $70.28 $70.28 $66.44
Family 16 $130.21 $130.21 $123.09

Est. Monthly Premium 35 $2,995.01 $2,995.01 $2,831.27
Est. Annual Premium $35,940.12 $35,940.12 $33,975.24

Change in premium NO INCREASE SAVE 5.5%
Benefits

Deductible $50/$150 $50/$150 $50/$150

Preventive Services 100% 100% 100%
Basic Services 80% 80% 80%
Major Services 50% 50% 50%

Yearly Maximum $1,000 $1,000 $1,500

Orthodontic Services 50% 50% 50%
Lifetime Maximum
$1,000 $1,000 $1,000
2018 saved 14.7% by moving to Delta Dental, 2017 moved to Guardian and saved 6.4%, 2016 rates
increased 3%, 2015 no increase, 2014 rates increased 8.5%, 2013 rates increased 6.7%.

VISION Current Renewal
# of employees Eye Med Eye Med

Single $8.44 $8.44
Two Person $16.04 $16.04
Family $23.55 $23.55

Est. Monthly Premium 0
Est. Annual Premium

Benefits

Frequency 12/12/12 12/12/12

Eye Exam $10 $10
Lenses and Frames $25 $25

Frame Allowance $180 $180
Rates guaranteed Sept 2023
2019 moved to Eye Med (Saved 1.8%), 2017 moved to Guardian and saved 6.4% on dental and saved 9% on vision,
2016, 2015 & 2014 No increases with Met Life, 2013 rates increased 3%.
Prepared June 2020