Capital Blue Cross; Proposed 8% Rate Increase for the Hospitalization Portion of the Special Care Individual Direct Pay Basic Hospitalization/Medical-Surgical Contract; Filing No. 09-LL; Rate Filing
[39 Pa.B. 4978]
[Saturday, August 15, 2009]
By filing No. 09-LL, Capital Blue Cross submitted to the Insurance Department (Department), for its review and approval, adjusted rates for the hospitalization portion of its Special Care Individual Direct Pay Basic Hospitalization/Medical-Surgical Program. The requested average rate increase is 8.0%. An effective date of January 1, 2010, has been requested. The proposed rate increase would affect approximately 2,921 contracts and would produce additional annual premium income of $304,524.
The current and requested rates are as follows:
Individual Special Care Hospitalization Rates
Contract Type Current Rates Proposed Rates Percent Increase Tier I Single $90.07 $97.28 8.0% Husband and Wife $180.16 $194.57 8.0% Parent and Child $153.13 $165.38 8.0% Parent and Children $153.13 $165.38 8.0% Family $243.22 $262.68 8.0% Tier II Single $137.28 $148.26 8.0% Husband and Wife $274.55 $296.51 8.0% Parent and Child $233.37 $252.04 8.0% Parent and Children $233.37 $252.04 8.0% Family $370.65 $400.30 8.0%
No rate change has been requested for 2010 for the Medical Surgical portion of this product issued by Capital Advantage Insurance Company. Thus, contract holders will see an overall rate increase of either 3.9%, 4.7or 4.8% for continued Special Care coverage as shown.
Special Care Individual Direct Pay Basic Hospitalization/
Medical-Surgical Program--Total Rate Increase
Contract Type Current Rates Proposed Rates Percent Increase Tier I Single $185.79 $193.00 3.9% Husband and Wife $371.60 $386.01 3.9% Parent and Child $312.21 $324.46 3.9% Parent and Children $312.21 $324.46 3.9% Family $498.02 $517.48 3.9% Tier II Single $233.00 $243.98 4.7% Husband and Wife $465.99 $487.95 4.7% Parent and Child $392.45 $411.12 4.8% Parent and Children $392.45 $411.12 4.8% Family $625.45 $655.10 4.7%
Unless formal administrative action is taken prior to October 29, 2009, 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.ins.state.pa.us. Scroll down the home page and click on ''Consumer Information'' located on the left side. Next scroll down to ''General Information,'' located in the middle of the page, and click on ''Notices.'' The pdf copy of this filing is located at the link ''Filing.pdf'' following the name of the filing.
Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Actuary, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, email@example.com within 30 days after publication of this notice in the Pennsylvania Bulletin.
JOEL SCOTT ARIO,
[Pa.B. Doc. No. 09-1498. Filed for public inspection August 14, 2009, 9:00 a.m.]
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