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Current: Voluntary LTD (Long Term Disability) program currently has Voluntary Rehabilitation. An employee is not required to participate in Vocational Rehabilitation programs encouraged by Mutual of Omaha, although they will be rewarded if they do, with an additional 10% benefit. Current: Voluntary LTD program currently has a Minimum Indemnity Benefit for Accidental Dismemberment and Loss of sight. If a covered employee does not qualify for LTD but incurs an injury which results in a covered loss within 100 days after the date of injury, the benefit will pay the monthly benefit for Total Disability based upon a schedule. Proposed: Mutual of Omaha proposes a Mandatory Vocational Rehabilitation vs. Voluntary participation in a Vocational Rehabilitation Program and elimination of the Minimum Indemnity Benefit. Carrier and Lockton Comments: With respect to Voluntary LTD proposed changes, while about 50% of the carrier's book has Voluntary vs. Mandatory participation in Vocational Rehabilitation, one could argue that the employer is offering a benefit which should encourage employees to return to work and provide them with the resources to do so; a mandatory policy could help mitigate health insurance costs due to malingering. The Minimum Indemnity benefit is already covered under the employer's Basic Employer Paid Life and AD&D. The benefit is uncommon and does not align to the goal of a Voluntary Disability program. Reduction in Commission Additionally, to mitigate the impact of the rate increase to the County, Lockton has reduced the broker commission on this benefit by 2%. The prior broker received a 7% commission and Lockton will receive a 5% commission. Lockton recommends the renewal in lieu of going to market for this benefit and indicates that a marketing is not likely to result in improved rates. Additional, the County staff is very satisfied with the level of service and processing of benefits with Mutual of Omaha and agrees with Lockton's recommendation. Under the renewal, the impact to retiree life insurance will be: Retiree Life Insurance Premium Comparison Life Amount Old Monthly Rate New Monthly Rate 10/1/20 $5,000 $3.50 $3.75 $10,000 $7.00 $7.50 $20,000 $14.00 $15.00 DENTAL Dental insurance for the Board of County Commissioners, Supervisor of Elections, Clerk of Court, Property Appraiser, and Tax Collectors is currently provided through Ameritas. Ameritas has agreed to an annual renewal without any rate increase effective October 1, 2020 through September 30, 2021. The dental premiums are paid by employees. The employer does not 165