1842 Application for approval of revised rates for AARP group prestandardized Medicare supplement policy forms M1--M7 and MA; rate filing
United Healthcare Insurance Company Application for Approval of Revised Rates for AARP Group Prestandardized Medicare Supplement Policy Forms M1--M7 and MA; Rate Filing [36 Pa.B. 5849]
[Saturday, September 16, 2006]United HealthCare Insurance Company has filed for approval increased rates for its AARP Group Prestandardized Medicare Supplement policy forms. The filing requests an aggregate rate increase of 10.4% for insured members whose coverage does not include prescription drug benefits and 9.5% for insureds whose coverage includes prescription drug benefits.
These rate adjustments will affect approximately 14,376 insureds and will generate approximately $3.0 million in additional premium annually. The company requests that the revised rates take effect on January 1, 2007.
Unless formal administrative action is taken prior to November 22, 2006, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Insurance Department's (Department) 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 regional office in Harrisburg.
Interested parties are invited to submit written comments, suggestions or objections to Michael Gurgiolo, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, mgurgiolo@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
M. DIANE KOKEN,
Insurance Commissioner[Pa.B. Doc. No. 06-1842. Filed for public inspection September 15, 2006, 9:00 a.m.]