Capital Blue Cross; Demographic Rating for Community-Rated Groups for Basic Blue Cross and Prescription Drug Card Programs; Filing No. 01-Z
[31 Pa.B. 6123]
Capital Blue Cross (CBC) submits Filing No. 01-Z for review and approval to demographically rate the small group market, which is being expanded to include groups of size 2-99. For each group, CBC intends to use age-gender, contract size and industry factors to adjust community-pool base rates for Basic Blue Cross and Prescription Drug offerings. Demographic rating will be applied in a revenue-neutral manner, that is, the premium for the total pool under demographic rating will be the same as the total pool premium if demographic rating were not implemented. Based on September 2001, enrollment figures, approximately 58,700 Basic Blue Cross members and 24,400 Prescription Drug Card members will be affected. An effective date of April 1, 2002, has been requested.
Copies of the filing are available for public inspection during normal working hours, by appointment, at the Insurance Department's regional offices in Harrisburg.
Interested parties are invited to submit written comments, suggestions or objections to Bharat Patel, Actuary, Insurance Department, Accident and Health Bureau, Office of Rate and Policy Regulation, 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. 01-1988. Filed for public inspection November 2, 2001, 9:00 a.m.]
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