1572 Capital Advantage Insurance Co.; Individual Direct Pay Basic Hospitalization/Medical-Surgical/Major Medical Plan; filing no. 07-W; rate filing
Capital Advantage Insurance Co.; Individual Direct Pay Basic Hospitalization/Medical-Surgical/Major Medical Plan; Filing No. 07-W; Rate Filing [37 Pa.B. 4727]
[Saturday, August 25, 2007]On August 9, 2007, the Insurance Department (Department) received from Capital Advantage Insurance Co. a filing for a rate increase for the medical-surgical and major medical portion of its Individual Direct Pay Basic Hospitalization/Medical-Surgical/Major Medical Plan.
The company requests a 9.9% increase or about $44.76 per contract per month on average. This will affect about 661 contractholders and will produce additional income of about $29,589 annually. The requested effective date of the change is January 1, 2008.
Unless formal administrative action is taken prior to November 8, 2007, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Department's website 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 James Sabater, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, jsabater@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
JOEL SCOTT ARIO,
Acting Insurance Commissioner[Pa.B. Doc. No. 07-1572. Filed for public inspection August 24, 2007, 9:00 a.m.]
