1524 Capital BlueCross and Capital Advantage Insurance Company; comprehensive major medical benefit contract with a $1,500 deductible (non-HIPAA); rate filing?
Capital BlueCross and Capital Advantage Insurance Company; Comprehensive Major Medical Benefit Contract with a $1,500 Deductible (Non-HIPAA); Rate Filing [41 Pa.B. 4826]
[Saturday, September 3, 2011]By filing 11-37, Capital BlueCross and Capital Advantage Insurance Company requested approval to adjust the premium rates for the Individual Direct Pay Comprehensive Major Medical Benefit Program. The requested average rate increase is 9.9% and applies to the Plans' 21- county Central Pennsylvania and Lehigh Valley service area. The proposed rate increase would affect approximately 5,345 contracts and would produce additional annual income of about $2.9 million. The requested effective date of the change is January 1, 2012.
Unless formal administrative action is taken prior to November 17, 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@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 11-1524. Filed for public inspection September 2, 2011, 9:00 a.m.]
