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Plan History of Elk River Municipal Utilities <br /> <br />Year Loss Ratio <br />Premiums <br />Claims PMPM <br />Claim <br />Amount <br />Avera e <br />Rate Change <br />2007 n/a n/a +7.39% <br />2006 <br />Jan - A r o6 Paid to May 06 <br />116% <br />$431.26 <br />+20.6% <br />2005 118% $241.92 +15.91% <br />2004 117% $217.55 +16.9% <br />2003 105% $204.35 +13.4% <br />2002 90% $140.34 + 4.0% <br />Active High Cases: 2005 $93,266 <br />2006 $37,225 <br />Average Plan Rate History of Elk River Municipal Utilities <br />Year Single Rate Single + One Family Rate <br />2007 $415.00 $872.00 $1,328.50 <br />2006 $386.50 $812.00 $1,237.00 <br />2005 $258.00 n/a $ 973.00 <br />2004 $222.50 n/a $ 839.50 <br />2003 $205.32 n/a $ 775.12 <br />2002 $184.39 n/a $ 696.10 <br />How Rates are Determined <br />The rates given by the Service Cooperative are considered self-insured, as Elk River is solely <br />responsible for all claims up to $75,000 per employee per year. <br />Specific percentages of past year's claim experiences are used to calculate a full year of <br />experience for aself-insured rate. For the 2007 renewal, 33% of 2004 claims, 52% of 2005 <br />claims and 15% of 2006 claims (Jan -Feb) were used. <br />Demographic History of Elk River Municipal Utilities <br />The average age of your group is about 41 years. Average age, number of employees and <br />dependents can impact overall rates. All plan members total 87. <br /> Em to ee Count <br />Year Total S 1/ S l+ 1/ Fam <br />2007 31 7 / 6 / 18 <br />2006 30 5 / 5 / 20 <br />2005 30 7 / 0 / 23 <br />2004 27 5 / 0 / 22 <br />2003 26 3 / 0 / 23 <br />2002 25 4 / 0 / 21 <br />2 <br />