1625 Capital BlueCross and Capital Advantage Insurance Company; Traditional Non-Group Individual Direct Pay Basic Hospitalization/Medical-Surgical/Major Medical Preferred Provider Program; rate filing
Capital BlueCross and Capital Advantage Insurance Company; Traditional Non-Group Individual Direct Pay Basic Hospitalization/Medical-Surgical/Major Medical Preferred Provider Program; Rate Filing [41 Pa.B. 5046]
[Saturday, September 17, 2011]By filing 11-39, Capital BlueCross and Capital Advantage Insurance Company requested approval to adjust the premium rates for the Traditional Non-Group Individual Direct Pay Basic Hospitalization/Medical-Surgical/Major Medical Preferred Provider Program. The overall requested rate increase is 19.8%. The proposed rate increase would affect approximately 360 contracts and would produce additional annual income of about $1 million. The requested effective date of the change is January 1, 2012.
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 Insurance Department's (Department) web site at www.insurance. pa.gov. To access the filing, under ''How to Find . . .'' click on ''View Current Rate Filings.''
A copy of the filing is also available for public inspection, by appointment, during normal working hours at the Department's Harrisburg office.
Interested parties are invited to submit written or e-mail comments, suggestions or objections to Rashmi Mathur, Insurance Department, Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, rmathur@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 11-1625. Filed for public inspection September 16, 2011, 9:00 a.m.]