Market rate for purchase of care

Change Indicator

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Why This Indicator Matters

The first five years of a child's life are an important time for growth and development, and lay out the foundations for language, academic ability, habits and socio-emotional development. Research shows that access to high quality early care and education programs help young children grow up ready to succeed in school and life. However, there are large gaps in the quality of early care and childhood programs and not all children receive the maximum benefits from their program. When we invest in replicate high quality programs for children and youth, we can solve these gaps in early childhood development and show significant long-term improvements for children. Investing in  a system of high quality early care and education programs will benefit both young children and society as early investments reap dividends when child development translates into economic development later on.
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Data Provided By

Definitions: Daily market rate used to determine purchase of care reimbursement amounts to early care and education providers.

Data Source: Delaware Department of Health and Social Services, Division of Social Services

Footnotes:

Programs accepting POC are reimbursed at 65% of the 75th percentile of the 2011 market rate plus $0.50 for each eligible child. The tiered reimbursement incentive payment then is the difference between the 65% already being received by the program and the amount the Star 3 program would be eligible to receive for 80% of market rate. Beginning July 1, 2014 Early Childhood programs, including Family and Large Family Child Care, at Star Level 4 and Star Level 5 will receive increased tiered reimbursement percentages. The increase will be only for infants, toddlers and preschool children with POC. The increase does not include school-age children with POC. The increases will be 93% of the 2011 market rate for Star 4 programs and 102% of the 2011 market rate for Star 5 programs. School age children with POC will continue to be reimbursed at 90% in Star 4 programs and 100% in Star 5 programs. All programs at Star 3 will continue to receive 80% reimbursement for all children with POC regardless of the child's age.