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PA Bulletin, Doc. No. 07-1881


Central Reserve Life Insurance Company; Application for Approval of Revised Rates for Standardized Medicare Supplement Policy Forms; Rate Filing

[37 Pa.B. 5576]
[Saturday, October 13, 2007]

   Central Reserve Life Insurance Company has filed for approval increased rates for its individual standardized Medicare supplement policy forms. The filing requests an aggregate rate increase of 23.7%, which varies by form as follows:

Plan Form Number Increase %
A3MA(PA) 24%
B 3MB(PA) 24%
C 3MC(PA) 24%
D 3MD(PA) 24%
F 3MF(PA) 24%
High Deductible F 3MK(PA) 24%
G 3MG(PA) 24%
I 3MI(PA) 12%

   These rate increases will affect approximately 887 insureds in this Commonwealth, and will generate approximately $444,000 in additional premium annually. The company requests that the revised rates take effect on January 1, 2008.

   Unless formal administrative action is taken prior to December 27, 2007, the subject filing may be deemed approved by operation of law.

   A copy of the filing is available on the Insurance Department's (Department) website at www.ins. Under the Quick Links section, click on the link ''Rate Filings Published in the PA Bulletin.''

   Copies of the filing are also available for public inspection, by appointment, during normal working hours at the Department's offices in Harrisburg, Philadelphia and Pittsburgh.

   Interested parties are invited to submit written comments, suggestions or objections to Michael Gurgiolo, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120 or within 30 days after publication of this notice in the Pennsylvania Bulletin.

Acting Insurance Commissioner

[Pa.B. Doc. No. 07-1881. Filed for public inspection October 12, 2007, 9:00 a.m.]

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