1904 Capital BlueCross and Capital Advantage Insurance Company; individual medically underwritten high deductible health plan; comprehensive major medical PPO (PersonalBlue PPO); rate filing?
Capital BlueCross and Capital Advantage Insurance Company; Individual Medically Underwritten High Deductible Health Plan; Comprehensive Major Medical PPO (PersonalBlue PPO); Rate Filing [41 Pa.B. 6060]
[Saturday, November 5, 2011]On October 14, 2011, Capital BlueCross and Capital Advantage Insurance Company submitted a rate filing (No. 11-98) to increase the premium rates for the Comprehensive Major Medical PPO Program. The rate adjustment range is -4.3% to 5.1%. This will affect approximately 198 contracts and produce additional premium income of $21,864 annually. The requested effective date of the change is February 1, 2012.
In addition to the rate increase the filing proposes several benefit changes.
Unless formal administrative action is taken prior to January 11, 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 ''Current Rate Filings.''
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 or e-mail comments, suggestions or objections to Cherri Sanders-Jones, Insurance Department, Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, csandersjo@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 11-1904. Filed for public inspection November 4, 2011, 9:00 a.m.]
