Highmark, Inc.; Filing No. 1-DPCM-98-HI; Requesting Authority to Increase Direct Pay Security 65 Medical Surgical Medicare Supplement Product Rates (Medicare Part B)
[28 Pa.B. 3563]
By Filing No. 1-DPCM-98-HI, Highmark, Inc., requests approval of an increase to its Direct Pay Security 65 Medical Surgical Medicare Supplement Product rates. The filing requests an average increase of 4.5% varying by Blue Cross Plan area. The rate increase will impact about 386,756 policyholders and produce an additional annual premium income of $10.8 million. The requested approval date is January 1, 1999.
The rate increases by Blue Cross Plan are shown below:
Percentage Average Increase Plan Area Increase Per Sub. Month Blue Cross of
11.4% $5.37 Highmark Blue Cross
2.8% $1.28 Capital Blue Cross 2.0% $0.88 Independence Blue Cross 5.7% $3.83 Overall 4.5% $2.33
Copies of the filing are available for public inspection during normal working hours, by appointment, at the Insurance Department's offices in Harrisburg, Philadelphia, Pittsburgh and Erie.
Interested parties are invited to submit written comments, suggestions or objections to Carol Slack, Actuary Supervisor, Insurance Department, Office of Rate and Policy Regulation, Bureau of Accident and Health Insurance, 1311 Strawberry Square, Harrisburg, PA 17120, within 30 days of publication of this notice in the Pennsylvania Bulletin.
M. DIANE KOKEN,
[Pa.B. Doc. No. 98-1207. Filed for public inspection July 24, 1998, 9:00 a.m.]
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