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PA Bulletin, Doc. No. 07-2334

NOTICES

Capital Blue Cross and Capital Advantage Insurance Company; Filing No. 07-MM; Application for Approval of Revised Rates for Nongroup Medicare Supplemental Security Plans A, B, C and H

[37 Pa.B. 6728]
[Saturday, December 15, 2007]

   Capital Blue Cross and Capital Advantage Insurance Company have filed for approval revising rates for their nongroup Medicare supplemental Security program. The aggregate rate increase requested is approximately 5.0%. The requested effective date of the revised rates is January 1, 2008. The most recent prior rate adjustment for this program took effect on January 1, 2006. The current and requested rates for First Eligible issues, and the requested rate adjustments, are as follows:

Standardized
Benefit Plan
Current RateProposed RateRate Adjustment
Plan A   $88.43   $91.91 3.9%
Plan B $115.60 $119.08 3.0%
Plan C $136.40 $143.86 5.5%
Plan H w/Rx $209.46 $223.65 6.8%
Plan H w/o Rx $140.35 $151.45 7.9%

   These rate adjustments would affect approximately 34,371 members and would produce approximately $2.8 million in additional premium annually.

   Unless formal administrative action is taken prior to February 14, 2008, the subject filing may be deemed approved by operation of law.

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

   Copies of the filing are 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 Michael Gurgiolo, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, mgurgiolo@state.pa.us within 15 days after publication of this notice in the Pennsylvania Bulletin.

JOEL SCOTT ARIO,   
Acting Insurance Commissioner

[Pa.B. Doc. No. 07-2334. Filed for public inspection December 14, 2007, 9:00 a.m.]



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