833 Capital Blue Cross; Pennsylvania Blue Shield: Community-Rated Group Major Medical Program; filing no. 96-N

Capital Blue Cross; Pennsylvania Blue Shield; Community-Rated Group Major Medical Program; Filing No. 96-N

[26 Pa.B. 2372]

   By filing no. 96-N, Capital Blue Cross and Pennsylvania Blue Shield propose to adjust the rates for its Group Community-Rated Major Medical Program. The proposed average increase is 8.4%. This rate change will produce an estimated additional monthly income of $464,020 and will affect 203,650 subscribers. Additionally, a three-tier rating structure and quarterly rates with annual guarantees are proposed. Changes to the rating structure have been designed to be revenue neutral. An effective date of October 1, 1996 has been requested.

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

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

LINDA S. KAISER,   
Insurance Commissioner

[Pa.B. Doc. No. 96-833. Filed for public inspection May 17, 1996, 9:00 a.m.]