INSURANCE DEPARTMENT First Priority Life Insurance Company; Individual PPO Rate Filing (BCNP-130071834) [45 Pa.B. 2682]
[Saturday, May 30, 2015]First Priority Life Insurance Company submitted a rate filing to increase the premium rates for its Individual Affordable Care Act compliant PPO products. The filing proposes an average rate increase of 29.5% and will affect approximately 43,000 members. The proposed rate increase will generate $53.5 million of additional revenue annually and will be effective January 1, 2016.
Portions of the filing are available on the Insurance Department's (Department) web site at www.insurance.pa.gov. Under the tab ''How to Find . . .'' click on the link ''PA Bulletin.'' Enhanced portions of the filing can be viewed on the following Centers for Medicare and Medicaid Services web sites: https://ratereview.healthcare.gov/ and www.cms.gov/CCIIO/Resources/Data-Resources/ratereview.html.
Portions of the filing are 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,
Acting Insurance Commissioner[Pa.B. Doc. No. 15-1029. Filed for public inspection May 29, 2015, 9:00 a.m.]
