1975 Capital BlueCross and Capital Advantage Insurance Company; proposed rate increase for the individual guaranteed issue comprehensive major medical preferred provider organization benefit program; filing no. 12-47; rate filing
Capital BlueCross and Capital Advantage Insurance Company; Proposed Rate Increase for the Individual Guaranteed Issue Comprehensive Major Medical Preferred Provider Organization Benefit Program; Filing No. 12-47; Rate Filing [42 Pa.B. 6357]
[Saturday, October 6, 2012]By filing 12-47, Capital BlueCross and Capital Advantage Insurance Company request approval of adjusted rates for the Individual Guaranteed Issue Comprehensive Major Medical Preferred Provider Organization Benefit Program. The requested increase is 9.9% and applies to the Plans' 21-county Central Pennsylvania and Lehigh Valley service area. A January 1, 2013, effective date has been requested. The proposed rate increase would affect approximately 40 contracts and would produce additional annual premium of approximately $24,400.
Unless formal administrative action is taken prior to December 20, 2012, 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. Under the tab ''How to Find . . .'' click on the link ''PA Bulletin.''
A copy of the filing is also available for public inspection, by appointment, during normal working hours at the Department's regional office in Harrisburg.
Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Actuary, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, jlaverty@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 12-1975. Filed for public inspection October 5, 2012, 9:00 a.m.]