1870 Capital BlueCross; revised rates for nongroup security 65 standardized benefit package C; rate filing
Capital BlueCross; Revised Rates for Nongroup Security 65 Standardized Benefit Package C; Rate Filing [35 Pa.B. 5590] Capital BlueCross has filed filing no. 05-FF for approval reduced rates for its nongroup Security 65 Plan C program. The revised rates are to be effective on January 1, 2006, and reflect a reduction of 12.2% from the currently approved rates. The proposed monthly premium for subscribers enrolling at first eligibility is $130; the current monthly premium for these insureds is $148.11.
These rate adjustments will affect approximately 18,957 subscribers in this Commonwealth and will reduce income by approximately $4.2 million annually.
Unless formal administrative action is taken before December 5, 2005, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Insurance Department's (Department) website at www.ins. state.pa.us. Under the Quick Links section, click on the link ''Rate Filings Published in the PA Bulletin.''
Copies of the filing are 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 Michael Gurgiolo, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, mgurgiolo@state.pa.us, within 15 days after publication of this notice in the Pennsylvania Bulletin.
M. DIANE KOKEN,
Insurance Commissioner[Pa.B. Doc. No. 05-1870. Filed for public inspection October 7, 2005, 9:00 a.m.]