Delta Dental of Idaho

“The chair, immediate past-chair, secretary and ceo can comprise a standing executive committee. Alternatively, the board of directors ("bod") may replace the standing executive committee by designating two or more directors to constitute the executive committee. The executive committee can have the power and authority of the bod in the day-to-day management of the business of the company, subject to the limitations imposed by the idaho nonprofit corporation act, or the bod.”

“To be eligible to become and remain a member of delta dental of idaho, a person must be 1) hold a current license by the state of idaho to practice dentistry; 2) carry and maintain adequate professional liability insurance and commercial general liability policies; 3) meet the credentialing criteria; and 4) execute a service agreement with delta dental of idaho. All members shall abide by the applicable rules, regulations and policies that may be adopted by the board of directors.”

“The board of directors includes two classes of directors: member directors and independent directors. A majority of the directors are independent directors appointed by the board of directors. The member directors are members in good standing and are elected by a majority of the members.”

“Delta dental of idaho is a member company of the delta dental plans association (ddpa) which has governing rules and criteria that all member companies must follow. Therefore certain board decisions are subject to these governing rules and require approval by ddpa. In addition the company is subject to rules and regulations established by the idaho department of insurance.”

“The form 990 (form) is reviewed by an independent public accounting firm based on audited financial statements of delta dental plan of idaho, inc. And with the assistance of the organization's finance and accounting staff. A complete copy of the form 990 is made available to the board of directors prior to filing.”

“The conflict of interest policy is reviewed and signed by each board member and officer or key employee of the company on an annual basis. A detail review of the signed conflict forms is completed by the ceo and the governance committee chair. After review, the governance committee chair reports to the full board. If a conflict exists, the chair is responsible for elimination of the conflict within a reasonable period of time. The external auditors are consulted as needed.”

“At least annually, the ceo compensation packages are reviewed by the compensation committee using comparable salary data and outside consultant data. The compensation committee consists of 7 board members. In addition, a market study is completed by the vp of hr for all key employees and is reviewed by the ceo. Officer and key employee compensation process consists of setting goals at the beginning of the year for the calendar year's salary increases and bonuses. The goals are reviewed during the year with a formal review at the end of the year. Depending on the performance of the company, individual and overall economy, raises and bonuses are determined. During the process, the individuals and company's actual results are compared against goals and targets.”

“Financial statements are filed with the department of insurance. Individuals can make requests for the financial statements following the doi's regular process. In addition, financial statements are shared upon request to the ceo and can be obtained online through guidestar.”

“No change from prior year.”