1413 Aetna Health, Inc.; small group—adjusted community rating; applicability—group size of less than 51; rate filing  

  • INSURANCE DEPARTMENT

    Aetna Health, Inc.; Small Group—Adjusted Community Rating; Applicability—Group Size of Less than 51; Rate Filing

    [40 Pa.B. 4369]
    [Saturday, July 31, 2010]

     On July 8, 2010, the Insurance Department (Department) received a filing from Aetna Health, Inc. requesting approval to adjust its small group rates. Groups that renew in the fourth quarter 2010 will see an average annual rate increase of 3.6%. Groups that renew in the first quarter 2011 will see an average annual rate increase of 1.0%. Groups that renew in the second quarter 2011 will see an average annual rate increase of 5.0%. Groups that renew in the third quarter 2011 will see an average annual rate increase of 9.2%. Note that these increases may vary, depending on the specific characteristics of a group.

     The filing will affect approximately 2,700 members and generate additional revenue of approximately $1.6 million annually. An effective date of October 1, 2010, is requested.

     Unless formal administrative action is taken prior to October 14, 2010, the subject filing may be deemed approved by operation of law.

     A copy of the filing is available on the Department's web site at www.ins.state.pa.us. Under the Quick Links section, click on the link ''Rate Filings Published in the PA Bulletin.''

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

     Interested parties are invited to submit written comments, suggestions or objections to Cherri Sanders-Jones, Insurance Department, Insurance Product Regulation, Room 1311, Strawberry Square, Harrisburg, PA 17120, csandersjo@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.

    JOEL SCOTT ARIO, 
    Insurance Commissioner

    [Pa.B. Doc. No. 10-1413. Filed for public inspection July 30, 2010, 9:00 a.m.]

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