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PA Bulletin, Doc. No. 99-837

NOTICES

Rate Filing; Blue Cross of Northeastern Pennsylvania and Pennsylvania Blue Shield; Filing No. 390-MMCG-5/99; Community Rated Group Major Medical Rate Increase

[29 Pa.B. 2736]

   Blue Cross of Northeastern Pennsylvania and Pennsylvania Blue Shield submitted a filing requesting the Insurance Department's approval to increase the approved monthly rates by 36.24% for the Major Medical Community Rated Program for an effective date of October 1, 1999. The increase will affect approximately 21,200 contracts and produce additional annual income of $6.3 million.

   Also, Blue Cross of Northeastern Pennsylvania and Pennsylvania Blue Shield are requesting the Insurance Department's approval to implement quarterly indexed rates (guaranteed for 12 months) which will be applied to both existing and new groups according to their renewal month.

   Additionally, the Plans are seeking the Insurance Department's approval to implement two new deductible options which will have 80%/20% coinsurance to $5,000 disappearing coinsurance. These new deductible options are: $100 deductible/$300 per family, and $200 deductible/$600 per family.

   Copies of the filing are available for public inspection during normal working hours, by appointment, at the Insurance Department's office 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,   
Insurance Commissioner

[Pa.B. Doc. No. 99-837. Filed for public inspection May 21, 1999, 9:00 a.m.]


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