7-Attachment 8 Claims Experience LTD.pdf

PDF 65 KB Posted

Attached to
Insurance including: Group Term Life, Accidental Death & Dismemberment, Short-Term and Long-Term Disability
Solicitation number
RFP01-260720B01-DISLIF-XXXXXX
Issued by
Florida

About this file

Written by GovTribe AI ·

This is a claims experience report for Long-Term Disability (LTD) insurance coverage provided by Lincoln Financial Group to Florida Virtual School (FLVS). The document presents detailed monthly claims data spanning from October 2023 through September 2025, tracking billed premiums, paid premiums, paid claims, billed volume, covered lives, and reserves. The report shows two distinct periods: the initial period from October 2023 through December 2024, and a second period from October 2024 through September 2025, with cumulative totals provided for each period. FLVS maintains an active group policy (01-0252134-00000) effective July 1, 2019, with covered lives ranging from approximately 3,267 to 3,631 employees throughout the reporting period.

The cumulative LTD claims experience for the entire period shows total billed premiums of $283,989.80 against paid premiums of $272,449.84, with paid claims totaling $102,771.27. The paid claims ratio relative to paid premium is 37.71%, indicating the claims experience represents a significant portion of premium expenses. Reserves maintained throughout the period total $102,798.41, reflecting potential future claim obligations. The data demonstrates variable monthly claims activity, with some months showing negative claims adjustments and others showing substantial claim payments, indicating an active claims environment with ongoing benefit administration and potential claims reconciliations throughout the coverage period.

View the file

Other files

File Type Posted
2-Attachment 3 FLVS Life and DI RFP Plan Deviations 2026.xlsx XLSX spreadsheet
9-Attachment 10 Florida Virtual School Cert Final Lincoln LTD 20250701.pdf PDF
16-Attachment 17 Florida Virtual School Policy Final Lincoln LTD 20250701.pdf PDF
5-Attachment 6 Claims Experience STD and OSTD.pdf PDF
18-Attachment 1 Employee and Retiree Census.xlsx XLSX spreadsheet
6-Attachment 7 Claims Experience Voluntary life including Waiver Report.pdf PDF
12-Attachment 13 Florida Virtual School Cert Final Lincoln Vol Life 20250701.pdf PDF
4-Attachment 5 Claims Experience Basic Life and ADD including Waiver Report.pdf PDF
11-Attachment 12 Florida Virtual School Cert Cls 02 Final Lincoln Life AD D 20250701.pdf PDF
3-Attachment 4 Cost Proposal.xlsx XLSX spreadsheet
1-Attachment 2 Lincoln Financial - Self Bill Summary October 2025.docx DOCX document
14-Attachment 15 Florida Virtual School Policy Final Lincoln Vol Life 20250701.pdf PDF
19-RFP01-2604720B01-DISLIF-XXXXXX.pdf PDF
13-Attachment 14 Florida Virtual School Policy Final Lincoln Life AD D 20250701.pdf PDF
17-FORMS PACKET -ALL.pdf PDF
8-Attachment 9 Florida Virtual School Cert Final Lincoln STD 20250701.pdf PDF
15-Attachment 16 Florida Virtual School Policy Final Lincoln STD 20250701.pdf PDF
10-Attachment 11 Florida Virtual School Cert Cls 01 Final Lincoln Life AD D 20250701.pdf PDF
Show all 18

On GovTribe

Work with this file

  • Download the original file
  • Contacts named in this file
  • Similar government files
  • Ask GovTribe AI about this file
Try for free Login

Text version

The file's text, extracted by GovTribe without its formatting.

Group Level Experience thru

Group Level Experience

Date Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

202310 $10,837.73 $10,837.73 $5,185.16 17,202,753 3,267 -

202311 $10,885.52 $10,885.52 $5,185.16 17,278,610 3,280 -

202312 $11,313.02 $11,313.02 $6,118.36 17,957,167 3,298 -

202401 $11,342.47 $11,342.47 $6,663.99 18,003,913 3,306 -

202402 $11,363.46 $11,363.46 $6,895.14 18,037,235 3,310 $3,498.06

202403 $11,434.34 $11,434.34 $7,872.23 18,149,745 3,332 -

202404 $11,466.83 $11,466.83 $4,061.00 18,201,313 3,341 -

202405 $11,505.62 $11,505.62 $-27,775.00 18,262,886 3,350 -

202406 $11,592.95 $11,592.95 $6,360.62 18,401,500 3,376 -

202407 $11,530.26 $11,530.26 $4,011.00 18,301,998 3,359 -

202408 $11,854.59 $11,854.59 $4,011.00 18,816,803 3,477 -

202409 $11,940.82 $11,940.82 $6,585.19 18,953,678 3,506 -

$137,067.61 $137,067.61 $35,173.85 18,130,633 3,350 $3,498.06

Paid Claims / Paid Premium = 25.66%

Paid Claims / Billed Premium = 25.66%

Long Term Disability Long Term Disability 01-0252134-00000 Eff. Date: 7/1/19 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

LTD

Report Run Date: 10/14/2025 Confidential/Proprietary Information - For Intended Recipients' Use Only - Do Not Distribute Without Permission From Lincoln Financial GroupVersion 1.0

FLVIRTUAL2

Group Level Experience

Date Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

202410 $12,026.92 $12,026.92 $7,666.99 19,090,349 3,536 $39,658.55

202411 $12,108.50 $12,108.50 $7,666.99 19,219,849 3,565 -

202412 $12,496.31 $12,496.31 $-1,072.41 19,835,412 3,567 -

202501 $12,537.50 - $5,304.99 19,900,786 3,577 $59,641.80

202502 $12,527.57 $12,537.50 $5,406.67 19,885,025 3,574 -

202503 $12,599.12 $12,527.57 $5,406.73 19,998,599 3,598 -

202504 $12,628.87 $12,599.12 $7,628.67 20,045,822 3,608 -

202505 $12,696.56 $12,628.87 $5,406.73 20,153,266 3,631 -

202506 $12,645.43 $25,341.99 $8,559.51 20,072,111 3,612 -

202507 $11,539.96 - $11,712.29 19,896,478 3,575 -

202508 $11,575.49 $11,539.96 $6,472.97 19,957,738 3,585 -

202509 $11,539.96 $11,575.49 $-2,562.71 19,896,478 3,575 -

$146,922.19 $135,382.23 $67,597.42 19,829,326 3,584 $99,300.35

Paid Claims / Paid Premium = 49.93%

Paid Claims / Billed Premium = 46.01%

Long Term Disability Long Term Disability 01-0252134-00000 Eff. Date: 7/1/19 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

LTD

Cvg Sub-total Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

LTD $283,989.80 $272,449.84 $102,771.27 18,979,980 3,467 $102,798.41

Report Run Date: 10/14/2025 Confidential/Proprietary Information - For Intended Recipients' Use Only -

Group Level Experience

Report Run Date: 10/14/2025 Confidential/Proprietary Information - For Intended Recipients' Use Only -

Group Level Experience
FLVIRTUAL2
01-0252134-00000
LTD
9
noname

File details come from the government source that posted it. Updated .