1779 United HealthCare Insurance Company; Group Policy Number G-36000-4; requesting authority to increase rates for Group Standardized Medicare Supplement Plans A--J for American Association of Retired Persons (AARP) Group
United HealthCare Insurance Company; Group Policy Number G-36000-4; Requesting Authority to Increase Rates for Group Standardized Medicare Supplement Plans A-J for American Association of Retired Persons (AARP) Group [29 Pa.B. 5477] United HealthCare Insurance Company has filed for approval increased rates for the AARP group standardized Medicare supplement plans A-J. The filing requests an average increase of 7.6%, varying by plan and geographic area. The rate increase will impact about 48,213 certificateholders, and produce additional annual Pennsylvania premium income of approximately $6.2 million. The requested effective date of the increase is January 1, 2000.
The proposed monthly rates and rate increase percentages by plan for each area are shown as follows:
Plan Area 1 Area 2 Area 3 A $134.75 (21.9%) $120.00 (16.8%) $ 96.50 ( 9.7%) B $167.75 (22.0%) $149.50 17.0%) $120.25 ( 9.8%) C $180.00 (13.9%) $160.50 ( 9.4%) $129.00 ( 2.6%) D $163.25 ( 7.8%) $145.50 ( 3.4%) $117.00 (-2.9%) E $157.50 (14.3%) $140.50 ( 9.8%) $113.00 ( 3.0%) F $191.75 (16.6%) $171.00 (11.9%) $137.50 ( 5.0%) G $175.25 (13.6%) $156.25 ( 9.1%) $125.50 ( 2.2%) H $196.00 (12.8%) $174.75 ( 8.2%) $140.50 ( 1.4%) I $197.00 (11.8%) $175.75 ( 7.3%) $141.25 ( 0.5%) J $258.00 ( 8.3%) $230.00 ( 4.0%) $185.00 (-2.5%) Area 1 consists of Bucks, Chester, Delaware, Montgomery and Philadelphia counties.
Area 2 consists of Allegheny, Fayette, Greene, Indiana, Washington and Westmoreland counties.
Area 3 consists of all other counties.
Copies of the filing are available for public inspection during normal working hours, by appointment, at the Insurance Department's offices in Harrisburg, Philadelphia, Pittsburgh and Erie.
Interested parties are invited to submit written comments, suggestions or objections to Michael Gurgiolo, Actuary, Insurance Department, Office of Rate and Policy Regulation, Bureau of Accident and Health Insurance, 1311 Strawberry Square, Harrisburg, PA 17120, within 15 days of the publication of this notice in the Pennsylvania Bulletin.
M. DIANE KOKEN,
Insurance Commissioner[Pa.B. Doc. No. 99-1779. Filed for public inspection October 15, 1999, 9:00 a.m.]