United of Omaha Life Insurance Company (MUTA-130240884); Rate Increase Filing for Several LTC Forms
[45 Pa.B. 5889]
[Saturday, September 26, 2015]
United of Omaha Life Insurance Company is requesting approval to increase the premium an aggregate 27.3% on 266 policyholders of the LTC06IU Series. The requested increase will take place in two steps, each occurring 1 year apart. The first increase, effective December 1, 2015, will average 22.9%; the minimum increase any policyholder will receive is 0% and the maximum is 38%. The second increase, effective December 1, 2016, will average 3.6%; the minimum increase any policyholder will receive is 0% and the maximum is 20%.
The forms affected are LTC06UI-TQ, LTC06UI-G5-TQ, LTC06UI-G10-TQ, LTC06UI-G15-TQ, LTC06UI-NTQ, LTC06UI-G5-NTQ, LTC06UI-G10-NTQ and LTC06UI-G15-NTQ.
Unless formal administrative action is taken prior to December 10, 2015, 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 view these filing notices, hover the cursor over ''Consumers'' in the blue bar at the top of the webpage then select ''Product Notices'' from the drop down menu.
Copies of the filing are also available for public inspection, by appointment, during normal working hours at the Department's Harrisburg office.
Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Actuary, Insurance Department, Insurance Product Regulation, Room 1311, Strawberry Square, Harrisburg, PA 17120, email@example.com within 30 days after publication of this notice in the Pennsylvania Bulletin.
TERESA D. MILLER,
[Pa.B. Doc. No. 15-1741. Filed for public inspection September 25, 2015, 9:00 a.m.]
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