1920 Capital BlueCross and Capital Advantage Insurance Company; individual direct pay comprehensive major medical benefit contract for HIPAA/HCTC eligible individuals; rate filing?
Capital BlueCross and Capital Advantage Insurance Company; Individual Direct Pay Comprehensive Major Medical Benefit Contract For HIPAA/HCTC Eligible Individuals; Rate Filing [42 Pa.B. 6225]
[Saturday, September 29, 2012]By filing 12-37, Capital BlueCross and Capital Advantage Insurance Company requested approval to adjust the premium rates for the Individual Direct Pay Comprehensive Major Medical Benefit Program for HIPAA and HCTC Eligible Individuals for both the $1,000 Deductible and $2,500 Deductible options. The requested rate increases are 6.3% for the $1,000 Deductible option and 0.1% for the $2,500 Deductible option. The rate increases apply to the Plans' 21-county Central Pennsylvania and Leigh Valley service area. The proposed rate increase would affect approximately 605 contracts and would produce additional annual income of about $219,000. The requested effective date of the change is January 1, 2013.
Unless formal administrative action is taken prior to December 13, 2012, 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 ''PA Bulletin.''
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@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 12-1920. Filed for public inspection September 28, 2012, 9:00 a.m.]
