1815 Capital BlueCross and Capital Advantage Insurance Company; Individual Direct Pay Comprehensive Major Medical Program; rate filing?
Capital BlueCross and Capital Advantage Insurance Company; Individual Direct Pay Comprehensive Major Medical Program; Rate Filing [40 Pa.B. 5430]
[Saturday, September 18, 2010]On September 2, 2010, Capital BlueCross and Capital Advantage Insurance Company submitted a rate filing (No. 10-KKK) to increase the premium rates for the Comprehensive Major Medical Program by 14.4%. This will affect approximately 5,489 contracts and produce additional premium income of about $4.8 million annually. The requested effective date of the change is January 1, 2011.
In addition to the rate increase, the filing proposes the following benefit changes: (1) discontinue the $750 deductible plan and transition these members to the $1,500 deductible plan; (2) adopt benefit changes required by the Patient Protection and Affordable Care Act; and (3) other benefit changes.
Unless formal administrative action is taken prior to December 1, 2010, 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. Under the tab ''How to Find . . .'' click on the link ''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 regional office in Harrisburg.
Interested parties are invited to submit written or e-mail comments, suggestions or objections to Cherri Sanders-Jones, Insurance Department, Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, csandersjo@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. 10-1815. Filed for public inspection September 17, 2010, 9:00 a.m.]
