1623 Blue Cross of Northeastern Pennsylvania; request for approval to increase rates for the special care program; rate filing
Blue Cross of Northeastern Pennsylvania; Request for Approval to Increase Rates for the Special Care Program; Rate Filing [41 Pa.B. 5046]
[Saturday, September 17, 2011]Blue Cross of Northeastern Pennsylvania submitted a filing requesting the Insurance Department's (Department) approval to increase the monthly rates by 4.9% for the Blue Cross Special Care Program and to add a $25 copay to diagnostic services effective January 1, 2012. The estimated additional revenue generated from this rate increase is $300,000 and requires a contribution from company surplus of approximately $7,100,000. The projected average number of members per month during the January 1, 2012, through December 31, 2012, period is approximately 6,500 members.
Unless formal administrative action is taken prior to December 1, 2011, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Department's web site at www.insurance.pa.gov. To access the filing, under ''How to Find . . .'' click on ''View Current Rate Filings.''
Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Actuary, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, jlaverty@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 11-1623. Filed for public inspection September 16, 2011, 9:00 a.m.]