NOTICES
INSURANCE DEPARTMENT
Capital BlueCross and Capital Advantage Insurance Co.; Individual Direct Pay Comprehensive Major Medical Benefit contract with a $750 or $1,500 Deductible for HIPAA and HCTC Eligible Individuals; Capital Filing No. 10-XXXX; Rate Filing
[40 Pa.B. 5876]
[Saturday, October 9, 2010]On September 28, 2010, the Insurance Department (Department) received from Capital BlueCross and Capital Advantage Insurance Co. a filing for a rate increase for the Individual Direct Pay Comprehensive Major Medical Benefit contract for HIPAA and HCTC Eligible Individuals with a $750 or $1,500 Deductible to reflect the anticipated cost of the Patient Protection and Affordable Care Act, signed into law on March 23, 2010.
The insurer requests a 6.9% 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 December 23, 2010, 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, jsabater@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
ROBERT L. PRATTER,
Acting Insurance Commissioner
[Pa.B. Doc. No. 10-1948. Filed for public inspection October 8, 2010, 9:00 a.m.]
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