First Priority Life Insurance Company (BCNP-130409345); Small Group Transitional; Rate Filing [46 Pa.B. 1396]
[Saturday, March 12, 2016]First Priority Life Insurance Company submitted a rate filing to increase the premium rates for its Small Group Transitional Plans renewing on October 1, 2016. The filing proposes a rate increase of 9.8% and will affect approximately 34,344 members. The proposed rate increase will generate approximately $17 million of additional annual revenue.
Unless formal administrative action is taken prior to May 25, 2016, 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. To view these filing notices, hover the cursor over ''Consumers'' in the blue bar at the top of the webpage then select ''Product Notices'' from the drop down menu.
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.
TERESA D. MILLER,
Insurance Commissioner[Pa.B. Doc. No. 16-432. Filed for public inspection March 11, 2016, 9:00 a.m.]
