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PA Bulletin, Doc. No. 06-2432

NOTICES

Penn Treaty Network America Insurance Company; Rate Increase Filing for Several LTC Policy Forms; Rate Filing

[36 Pa.B. 7516]
[Saturday, December 9, 2006]

   Penn Treaty is requesting approval to increase the premium on several long-term care policy forms. The company is requesting an aggregate increase of 50% on 6,930 policyholders in this Commonwealth of forms LTC93C(PA)-N, LTC93C(PA)-P, LTC93CR(PA)-N, LTC93CR(PA)-P, N2400(PA), NF2400(PA), P2400(PA), PF2400(PA), PF2600(PA)-P, PF2600(PA)-N, FPF2600(PA)-P, FPF2600(PA)-N and LTCP-6700(PA)-N. The company is requesting an aggregate increase of 69% on 83 policyholders in this Commonwealth of forms LTC94(PA)-P, LTC94R(PA)-P and LTC94(PA)-N. The company is requesting an aggregate increase of 71% on 815 policyholders in this Commonwealth of forms LTCTP-6000(PA)-N, LTCTP-6000(PA)-P, FLTCTP-6000(PA)-N and FLTCTP-6000(PA)-P. Finally, the company is requesting an aggregate increase of 47% on 662 policyholders in this Commonwealth of forms LTCTP-6500(PA)-N and FLTCTP-6500(PA)-N.

   Note that the rate increases listed previously are averages. The actual rate increase an individual will receive will vary by his underwriting class, inflation option and maximum benefit period.

   Unless formal administrative action is taken prior to February 14, 2007, the subject filing may be deemed approved by operation of law.

   A copy of the filing is available on the Department's website at www.ins.state.pa.us. Under the Quick Links section, click on the link ''Rate Filings Published in the PA Bulletin.''

   A copy of the filing is also available for public inspection, by appointment, during normal working hours at the Department's regional office in Harrisburg.

   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, jlaverty@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.

M. DIANE KOKEN,   
Insurance Commissioner

[Pa.B. Doc. No. 06-2432. Filed for public inspection December 8, 2006, 9:00 a.m.]


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