2080 Capital Blue Cross and Capital Advantage Insurance Company; individual direct pay basic hospitalization/medical-surgical/major medical preferred provider—Traditional Indemnity Benefit Program; rate filing?
INSURANCE DEPARTMENT Capital Blue Cross and Capital Advantage Insurance Company; Individual Direct Pay Basic Hospitalization/Medical-Surgical/Major Medical Preferred Provider—Traditional Indemnity Benefit Program; Rate Filing [40 Pa.B. 6370]
[Saturday, October 30, 2010]By filing 10-NNN Capital Blue Cross and by filing 10-5A Capital Advantage Insurance Company request approval of rates for their Hospital/Medical-Surgical/Major Medical Preferred Provider Program. The overall requested rate increase is 9.9% (an increase of 26.0% for the hospital component and a rate decrease of 9.9% for the medical-surgical/supplemental major medical portion). The proposed rate increase would affect approximately 405 contracts and would produce additional income of about $554,500 annually. The requested effective date of the change is January 1, 2011.
Unless formal administrative action is taken prior to December 28, 2010, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Insurance Department's (Department) web site at www.insurance. pa.gov. To access the filing, under ''How to Find . . .'' click on ''View Current Rate Filings.''
A copy of the filing is also available for public inspection, by appointment, during normal working hours at the Department's Harrisburg office.
Interested parties are invited to submit written or e-mail comments, suggestions or objections to Rashmi Mathur, Insurance Department, Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, rmathur@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
ROBERT L. PRATTER,
Acting Insurance Commissioner[Pa.B. Doc. No. 10-2080. Filed for public inspection October 29, 2010, 9:00 a.m.]
