Independence Blue Cross; Rate Increase Filing for the Community Rated Group Hospital Program [40 Pa.B. 5113]
[Saturday, September 4, 2010]By filing No. 11-P-10, Independence Blue Cross is requesting the Insurance Department's (Department) approval to increase the current monthly rates for the Community Rated Group Hospital Program by 9.01% effective January 1, 2011. This increase will impact approximately 340 contracts and yield approximately $310,000 in additional revenue annually.
Unless formal administrative action is taken prior to November 18, 2010, 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, 1311 Strawberry Square, Harrisburg, PA 17120, jlaverty@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
JOEL SCOTT ARIO,
Insurance Commissioner[Pa.B. Doc. No. 10-1657. Filed for public inspection September 3, 2010, 9:00 a.m.]