John Hancock Life Insurance Company (USA) (MULF-131962004); Rate Increase Filing for Several Individual LTC Forms
[49 Pa.B. 3197]
[Saturday, June 15, 2019]
John Hancock Life Insurance Company (USA) is requesting approval to increase the premium an aggregate 45.1% on 6,291 policyholders of forms LTC-PA-91, NH-PA-91, LTC-94 PA, LTC-94 PA 2/95, NH-94 PA, NH-94 PA 2/95, LTC-96 PA 9/96, LTC-96 PA 6/98, LTC-98FR PA 6/98, LTC-96CL PA 9/96, NH-99 PA 4/99, NH-99FR PA 4/99 and LTC2000 PA 4/00. The requested increases vary from 9.5% to 120.9% depending upon the policy benefit period and inflation rider status.
Unless formal administrative action is taken prior to August 29, 2019, 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 (hover the cursor over the ''Consumers'' tab, then select ''Long Term Care Rate Filings'').
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.
JESSICA K. ALTMAN,
[Pa.B. Doc. No. 19-918. Filed for public inspection June 14, 2019, 9:00 a.m.]
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