Independence Blue Cross; Rate Increase Filing for Medicare Supplement Form [40 Pa.B. 5271]
[Saturday, September 11, 2010]By filing No. 12-P-10, Independence Blue Cross requests approval to increase its premium rates for its Security65 Plan C product for issues prior to June 1, 2010. The filing requests an overall increase of about 6.7% or $6.90 PMPM. This will affect about 32,600 members and produce additional premium income of about $225,000 per month. The requested effective date of these changes is January 1, 2011.
Unless formal administrative action is taken prior to November 24, 2010, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Insurance Department's web site at www.insurance.pa.gov. Under the tab ''How to Find . . .'' click on the link ''Current Rate Filings.''
Interested parties are invited to submit written comments, suggestions or objections to Michael Gurgiolo, Actuary, Insurance Department, Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, mgurgiolo@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
ROBERT L. PRATTER,
Acting Insurance Commissioner[Pa.B. Doc. No. 10-1711. Filed for public inspection September 10, 2010, 9:00 a.m.]
