Capital Advantage Insurance Co. Rate Filing; Medical-Surgical Portion of Special Care Individual Direct Pay Basic Hospitalization/Medical-Surgical Contract (Form IA-SC-C); CBC Filing No. 10-5E
[40 Pa.B. 6229]
[Saturday, October 23, 2010]
On October 6, 2010, the Insurance Department (Department) received from Capital Advantage Insurance Co. a filing for a rate increase for the medical-surgical portion of its Special Care Individual Direct Pay Basic Hospitalization/Medical-Surgical Contract (Form IA-SC-C) to reflect the anticipated cost of the Patient Protection and Affordable Care Act, signed into law on March 23, 2010.
The company requests a 6.2% rate increase to reflect these required changes.
The requested effective date of the change is January 1, 2011, although the newly mandated benefits will become effective for new polices issued on or after September 23, 2010.
Unless formal administrative action is taken prior to January 6, 2011, 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.insurance.pa.gov. To access the filing, under ''How to Find . . .'' click on ''View Current 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 Sabater, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, firstname.lastname@example.org within 30 days after publication of this notice in the Pennsylvania Bulletin.
ROBERT L. PRATTER,
Acting Insurance Commissioner
[Pa.B. Doc. No. 10-2024. Filed for public inspection October 22, 2010, 9:00 a.m.]
No part of the information on this site may be reproduced for profit or sold for profit.
This material has been drawn directly from the official Pennsylvania Bulletin full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.