242 Highmark Blue Cross Blue Shield filing; requesting approval to increase rates for COMPLETEcare Plan

Highmark Blue Cross Blue Shield Filing; Requesting Approval to Increase Rates for COMPLETE-care Plan

[31 Pa.B. 896]

   By Filing No. 1-CCP-01-HBCBS, Highmark, Inc., d/b/a Highmark Blue Cross Blue Shield, requests approval to increase the premium rates for its COMPLETEcare Plan. The filing requests an average increase of about 14.4% of current premium, or $22.20 per contract per month. Based on type of coverage and age of the insured, the rate increase could range from 0% to 30%. This will affect about 33,600 contractholders and produce additional premium income of about $8.9 million. At the same time, Highmark is also requesting to utilize 5-year age banded rates instead of its current 10-year age band structure. The requested effective date of the change is May 1, 2001.

   Copies of the filing are available for public inspection during normal working hours, by appointment, at the Insurance Department's offices in Harrisburg, Pittsburgh and Erie.

   Interested parties are invited to submit written comments, suggestions, or objections to Bharat Patel, Actuary, Insurance Department, Accident and Health Bureau, Office of Rate and Policy Regulation, 1311 StrawberrySquare, Harrisburg, PA 17120, within 30 days of publication of this notice in the Pennsylvania Bulletin.

M. DIANE KOKEN,   
Insurance Commissioner

[Pa.B. Doc. No. 01-242. Filed for public inspection February 9, 2001, 9:00 a.m.]