1550 Independence Blue Cross: Pennsylvania Blue Shield; rate increase for nongroup major medical; filing no. 6-P-96

Independence Blue Cross; Pennsylvania Blue Shield; Rate Increase for Non-Group Major Medical; Filing No. 6-P-96

[26 Pa.B. 4482]

   By filing no. 6-P-96, Independence Blue Cross and Pennsylvania Blue Shield submit for Insurance Department approval a request to increase the premium rates by 25% for its Non-Group Major Medical line of business. An effective date of November 1, 1996 is requested.

   The proposed rate increase will affect approximately 11,000 contracts and will produce additional premium income of about $2.3 million per year.

   Copies of the filing are available for public inspection during normal working hours, by appointment, at the Insurance Department's offices in Harrisburg and Philadelphia.

   Interested parties are invited to submit written comments, suggestions or objections, to Bharat Patel, Actuary, Insurance Department, Office of Rate and Policy Regulation, Bureau of Accident and Health Insurance, 1311 Strawberry Square, Harrisburg, PA 17120, within 30 days of publication of this notice in the Pennsylvania Bulletin.

LINDA S. KAISER,   
Insurance Commissioner

[Pa.B. Doc. No. 96-1550. Filed for public inspection September 13, 1996, 9:00 a.m.]