Each year, Sun Life Extended Health and Dental Care plans are reviewed with UBC’s Benefits Consultants to determine the appropriate premium rates to support claim costs expected for the upcoming year.
The following tables outline the required rate adjustments to the Extended Health and Dental Care plans, effective January 1, 2022. The renewal rates are based on analyzing 12 months of past claims experience (July 1, 2020 – June 30, 2021) while incorporating inflation.
Dental Plan | Current 2021 Monthly Rates | New 2022 Monthly Rates Effective Jan. 1, 2022 |
Adjustment |
---|---|---|---|
Single | $47.61 | $46.18 | -3% |
Couple | $95.22 | $92.36 | -3% |
Family | $141.43 | $137.19 | -3% |
Extended Health Plan | Current 2021 Monthly Rates | New 2022 Monthly Rates Effective Jan. 1, 2022 |
Adjustment |
---|---|---|---|
Plan 1 (LTM* $15,000) | |||
Single | $45.32 | $45.32 | -17% |
Couple | $90.64 | $90.64 | -17% |
Family | $90.64 | $90.64 | -17% |
Plan 2 (LTM $50,000) | |||
Single | $114.32 | $114.32 | 0% |
Couple | $228.64 | $228.64 | 0% |
Family | $228.64 | $228.64 | 0% |
Plan 3 (LTM $200,000) | |||
Single | $87.82 | $87.82 | 0% |
Couple | $175.54 | $175.54 | 0% |
Family | $175.54 | $175.54 | 0% |
*LTM = Lifetime Maximum
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