HomeMy WebLinkAboutRESPONSE - RFP - 7649 DENTAL ADMINISTRATOR (26)Proprietary and Confidential
Banking Services Agreement
Delta Dental of Colorado does not operate on an ASO arrangement with a central bank. Our
ASC banking agreement is proprietary because we pay claims initially then bill the client.
Delta Dental of Colorado has one account from which all claim payments are generated. One
check is generated per dentist/payee for all claims to be paid to that payee for every group;
therefore, the checks are not group specific. This account is in Delta Dental’s name and is
funded from Delta Dental main bank account as the checks clear the bank (zero-balance
account). Delta Dental does not incur bank charges that are automatically deducted from the
account monthly. The administrative cost quoted would cover this feature.
The group will receive an administrative fee bill during the first week of each month along with
the group activity report (report that lists all claims paid during any given month for that
particular group).