537 Federated Mutual Insurance Company (FEMC-130466230); small group health—off exchange; rate filing  

  • Federated Mutual Insurance Company (FEMC-130466230); Small Group Health—Off Exchange; Rate Filing

    [46 Pa.B. 1624]
    [Saturday, March 26, 2016]

     Federated Mutual Insurance Company submitted a rate filing to increase the premium rates for its Small Group Off Exchange Health Plans. The filing proposes an average rate increase of 23.3% (range of 2.3% to 32.9%) and will affect approximately 3,000 members. The proposed rate increase will generate approximately $1.9 million of additional annual revenue and will be effective July 1, 2016.

     Unless formal administrative action is taken prior to June 9, 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 email comments, suggestions or objections to Rashmi Mathur, Insurance Department, Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120,rmathur@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.

    TERESA D. MILLER, 
    Insurance Commissioner

    [Pa.B. Doc. No. 16-537. Filed for public inspection March 25, 2016, 9:00 a.m.]

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