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Delta Dental to Renew Military Deal

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From Bloomberg News

Delta Dental Plan of California won a five-year renewal of a contract, valued at about $1 billion, with the Department of Defense to provide dental benefits to military retirees and their families.

The agreement is effective May 1, the San Francisco-based company said. The Defense Department’s Tricare Retiree Dental Program has about 650,000 participants.

The contract reduces the mandatory enrollment period and the waiting period for full benefits to a year.

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Delta Dental, a nonprofit dental insurance provider, is a member of the Delta Dental Plans Assn. The organization covers 42 million people in the U.S.

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