2123 Aetna Health, Inc.; PPACA reform changes; applicability—individual advantage plans—for existing members; rate filing

INSURANCE DEPARTMENT

Aetna Health, Inc.; PPACA Reform Changes; Applicability—Individual Advantage Plans—for Existing Members; Rate Filing

[40 Pa.B. 6492]
[Saturday, November 6, 2010]

 On October 14, 2010, the Insurance Department (Department) received a filing from Aetna Health, Inc., requesting approval to adjust its Individual Advantage Plan rates for existing members enrolled in the plan to reflect the anticipated cost of the Patient Protection and Affordable Care Act, signed into law on March 23, 2010. The filing requests rate adjustments ranging from -0.90% to 10.1%.

 This rate increase will affect approximately 23,000 subscribers and produce additional premium income of about $1.86 million annually. The requested effective date of the change is January 1, 2011.

 Unless formal administrative action is taken prior to January 19, 2011, the subject filing may be deemed approved by operation of law.

 A copy of the filing is available on the Department's 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, [e-mail] within 30 days after publication of this notice in the Pennsylvania Bulletin.

ROBERT L. PRATTER, 
Acting Insurance Commissioner

[Pa.B. Doc. No. 10-2123. Filed for public inspection November 5, 2010, 9:00 a.m.]