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L <br />11 <br />Metropolitan Life Insurance Company <br />4150 N Mulberry Drive, Suite 300 <br />Kansas City, MO 64116 <br />January 18, 2022 <br />Attn: Benefits Administrator <br />MAYFIELD VILLAGE <br />6622 WILSON MILLS RD <br />MAYFIELD VILLAGE, OH 44143 <br />Subject: Renewal Rate Analysis For MAYFIELD VILLAGE - Group # 05989618 <br />Dear Benefits Administrator: <br />lk MetLife <br />We would like to take this opportunity to thank you for your continued business. Each year Metropolitan <br />Life Insurance Company conducts an evaluation of your company's composition — analyzing industry <br />trends, age, gender, salary and where applicable, utilization patterns — to determine your group renewal <br />rates. <br />After careful review, we have prepared the group renewal rates for your Basic Life and Basic AD&D <br />coverages. Please refer to the Renewal Rates section for details. A customer's renewal rates are <br />determined by predicting future claim levels (i.e. their upcoming policy year). In order to set these rates, <br />Metlife reviews past experience (claims) to determine future experience. Typically, this would be <br />accomplished by simply trending the customer's claims to project future claim activity for their next <br />renewal period. However, because COVID-19 has significantly impacted dental claim patterns, these <br />months will not be representative of future claims. Because of this, an adjustment factor has been <br />applied to normalize the claims. <br />Renewal Effective Date: <br />Billing statements as of April 1, 2022 will reflect the renewal rates listed in the Renewal Rates section. <br />Any additional group coverages not specifically mentioned in this letter that are active at the time of the <br />renewal will have their rates continued through the coming year. <br />Add More Value to Your Benefits Plan <br />Optimize your benefits investment by adding a MetLife group Dental and Disability plan to your benefits <br />program. Our unmatched product suite, exceptional service and results driven enrollment programs can <br />help you build a benefits program that's right for you and your employees. <br />If you have any questions, please contact your Broker or MetLife Sales Representative. <br />We look forward to continuing to provide quality benefit solutions to you and your employees. <br />Sincerely, <br />MetLife Renewal Underwriting <br />cc: PIETROINSANA <br />cc: Cleveland Sales Office <br />