2119 IDS Life Insurance Company; rate increase filing for long-term care policy: Forms 30225-PA, 30225-PA1 and 30225A-PA1  

  • IDS Life Insurance Company; Rate Increase Filing for Long-Term Care Policy Forms 30225-PA, 30225-PA1 and 30225A-PA1

    [34 Pa.B. 6375]

       The IDS Life Insurance Company is requesting approval to increase the premium 35% for the Long-Term Care Forms 30225-PA, 30225-PA1, 30225A-PA1 and the associated riders. The average premium will increase from $892 to $1,204 and will affect 1,987 policyholders in this Commonwealth.

       Unless formal administrative action is taken prior to February 10, 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. Scroll down the home page and click on ''Consumer Information'' located on the left side. Next scroll down to ''General Information,'' located in the middle of the page and click on ''Notices.'' The pdf copy of this filing is located at the link ''Filing.pdf'' following the name of the filing.

       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 James Laverty, Actuary, Pennsylvania Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120 (e-mail at jlaverty@state.pa.us) within 30 days after publication of this notice in the Pennsylvania Bulletin.

    M. DIANE KOKEN,   
    Insurance Commissioner

    [Pa.B. Doc. No. 04-2119. Filed for public inspection November 24, 2004, 9:00 a.m.]

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