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VII. SUMMARY AND CONCLUSIONS Child Care Market Rate Survey 2023 Page | 42

rates and the subsidy rates were larger than centers for children younger than school-age. The percentage difference between the rates for homes ranged from 15-38. The goal of the market rate assignment process is to recommend subsidy payment rates for providers that are fair, equitable, and based upon actual fee data gathered throughout the state from the Market Rate Survey. DCDEE works to ensure that providers, who achieve higher levels of quality, as reflected by higher star ratings, are paid a higher rate of reimbursement. DCDEE also strives to ensure adequate child care is accessible to as many children as possible throughout the state. The 2023 modeled rates produced by the analyses of data gathered through the 2023 Market Rate Survey meet all the intended goals and objective.

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Page 52

Official source

VII. SUMMARY AND CONCLUSIONS Child Care Market Rate Survey 2023 Page | 42

rates and the subsidy rates were larger than centers for children younger than school-age. The percentage difference between the rates for homes ranged from 15-38. The goal of the market rate assignment process is to recommend subsidy payment rates for providers that are fair, equitable, and based upon actual fee data gathered throughout the state from the Market Rate Survey. DCDEE works to ensure that providers, who achieve higher levels of quality, as reflected by higher star ratings, are paid a higher rate of reimbursement. DCDEE also strives to ensure adequate child care is accessible to as many children as possible throughout the state. The 2023 modeled rates produced by the analyses of data gathered through the 2023 Market Rate Survey meet all the intended goals and objective.