1660 Capital Blue Cross; individual direct pay basic Blue Cross program rate increase; filing no. 03-K  

  • Capital Blue Cross; Individual Direct Pay Basic Blue Cross Program Rate Increase; Filing No. 03-K

    [33 Pa.B. 4256]

       Capital Blue Cross submitted to the Insurance Department (Department), for its review and approval, adjusted rates for its Individual Direct Pay Basic Blue Cross Program. The requested average rate increase is 17.05%. An effective date of January 1, 2004, has been requested. The proposed rate increase would affect approximately 914 contracts and would produce additional annual premium income of $560,000.

       The current and requested rates are as follows:

    Basic Blue Cross Program Current Proposed Rates at Percent
    Health Services--Nongroup Rates Proposed TierIncrease
    Single $251.84 $270.52 7.4%
    H and W $503.78 $581.62 15.5%
    Parent and Child $344.42 $376.02 9.2%
    Parent and Children $344.42 $522.10 51.6%
    Family $503.78 $795.33 57.9%
    _______________
       Composite $299.50 $350.56 17.05%

       The rates reflect the elimination of benefits for the reversal of sterilization.

       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 Bharat Patel, Actuary, Insurance Department, Accident and Health Bureau, Office of Rate and Policy Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, within 30 days of publication of this notice in the Pennsylvania Bulletin.

    M. DIANE KOKEN,   
    Insurance Commissioner

    [Pa.B. Doc. No. 03-1660. Filed for public inspection August 22, 2003, 9:00 a.m.]

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