2001 Penn Treaty Network America Insurance Company; rate increase filing for several LTC policy forms; rate filing  

  • Penn Treaty Network America Insurance Company; Rate Increase Filing for Several LTC Policy Forms; Rate Filing

    [38 Pa.B. 6127]
    [Saturday, November 1, 2008]

       Penn Treaty is requesting approval to increase the premium on several Long-Term Care policy forms. The company is requesting an increase of 15% on 80 Pennsylvania contract holders of forms LTC94(PA)-P, LTC94R(PA)-P, and LTC94(PA)-N. The company is requesting an increase of 15% on 43 Pennsylvania contract holders of forms LTC93C(PA)-N, LTC93C(PA)-P, LTC93CR(PA)-N, LTC93CR(PA)-P. The company is requesting an increase of 15% on 181 Pennsylvania contract holders of form LTCTP-6700(PA)-N. The company is requesting an increase of 15% on 575 Pennsylvania contract holders of forms LTCTP-6500(PA)-N and FLTCTP-6500(PA)-N. The company is requesting an increase of 15% on 736 Pennsylvania contract holders of forms LTCTP-6000(PA)-N, LTCTP-6000(PA)-P, FLTCTP-6000(PA)-N, and FLTCTP-6000(PA)-P. The company is requesting an increase of 15% on 3,023 Pennsylvania contract holders of forms PF2600(PA)-P, PF2600(PA)-N, FPF2600(PA)-P, FPF2600(PA)-N. Finally, the company is requesting an increase of 15% on 2,977 Pennsylvania contract holders of forms N2400(PA), NF2400(PA), P2400(PA) and PF2400(PA).

       A total of 7,615 Pennsylvania contract holders will be affected by this rate adjustment.

       Unless formal administrative action is taken prior to January 15, 2009, 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.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 Harrisburg office.

       Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, jlaverty@state.pa.us, within 30 days after publication of this notice in the Pennsylvania Bulletin.

    JOEL SCOTT ARIO,   
    Insurance Commissioner

    [Pa.B. Doc. No. 08-2001. Filed for public inspection October 31, 2008, 9:00 a.m.]

Document Information