1659 Capital Advantage Insurance Company; individual direct pay special care medical-surgical program; rate filing 03-0  

  • Capital Advantage Insurance Company; Individual Direct Pay Special Care Medical-Surgical Program; Rate Filing No. 03-0

    [33 Pa.B. 4255]

       On August 6, 2003, by filing no. 03-O, Capital Advantage Insurance Company, a wholly owned subsidiary of Capital Blue Cross, submitted to the Insurance Department (Department), for its review and approval, adjusted rates for its Individual Direct Pay Special Care Medical-Surgical Program. The following increases by contract type are proposed:

    Proposed Proposed
    Rates at Rates at
    Current Current Proposed          Percent
    Tier I and II Rates Tier Tier          Increase
    Single $  52.05 $  63.55$  62.09 21.63%
    H and W $102.10$127.10$133.49 30.74%
    Parent and Child$  85.75$106.75$  86.31 .65%
    Parent and Children $  85.75$106.75 $119.83 39.74%
    Family $136.80 $170.30 $182.54 33.44%
    Composite $  64.31 $  80.06 $  80.05 24.48%

       An effective date of January 1, 2004, has been requested. Approximately 5,291 contracts will be affected and will generate additional annual income of $719,688.

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

       Interested parties are invited to submit written comments, suggestions or objections to Cherri Sanders-Jones, Actuary, Bureau of Accident and Health Insurance, Insurance Department, 1311 Strawberry Square, Harrisburg, PA 17120, within 30 days after publication of this notice in the Pennsylvania Bulletin.

    M. DIANE KOKEN,   
    Insurance Commissioner

    [Pa.B. Doc. No. 03-1659. Filed for public inspection August 22, 2003, 9:00 a.m.]

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