DDPC invited Clr Bolt to its January meeting, saying it would prefer to meet face to face than to conduct debates across the pages of the press.
But nowa stalemate has been reached after DDPC refused to agree to a lengthy list of pre-meeting conditions set out by Clr Bolt.
Clr Bolt's letter makes a host of pre-meeting demands including that the Parish Plan is discussed at the start of the meeting in public, that existing time scales for the plans are axed, that one member of the parish council is elected to have authority over future actions, that greater clarity is given to some sections of the plan and that DDPC identifies what financial resources it has available to deliver .
DDPC is diversified geographically, with more than 1 million members
Standard & Poor's has assigned them the same ratings as DDPC.
Although competition from for-profit dental insurance carriers is expected to increase in California, DDPC is well positioned to maintain its leading market presence because of its focus on providing competitive products, particularly expanding its Delta Preferred Provider product, while remaining profitable.
DDPC can still continue to grow in the large group segment; however, the small- and mid-size groups should achieve the largest percentage of growth in the near future.
DDPC is the dominant provider of dental benefits in California and one of the largest nationwide.
Standard & Poor's is concerned that DDPC's efforts to improve its cost structure may be harmed by additional concessions DDPC may undergo to settle the work stoppage," commented credit analyst Steven Ader.
He added that, "Alternatively, the inability of both parties to settle this matter in a timely fashion may result in the inability of DDPC to adequately service its business, resulting in a diminished business position.
Effective January 1, 2001, DDP and DDPC
joined organizations under a new non-profit holding company, Dentagra Group, Inc.