NOTICES
INSURANCE DEPARTMENT
Blue Cross of Northeastern Pennsylvania; Proposed Rate Increase for the Special Care Program; Rate Filing
[42 Pa.B. 5311]
[Saturday, August 11, 2012]Blue Cross of Northeastern Pennsylvania submitted a filing requesting the Insurance Department's (Department) approval to increase the monthly rates by 9.9% for the Blue Cross Special Care Program effective January 1, 2013. The estimated additional revenue generated from this rate increase is $600,000 and requires a contribution from company surplus of approximately $8,200,000. The projected average number of members per month during the January 1, 2013, through December 31, 2013, period is approximately 6,200 members.
Unless formal administrative action is taken prior to October 25, 2012, 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. Under the tab ''How to Find . . .'' click on the link ''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@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner
[Pa.B. Doc. No. 12-1557. Filed for public inspection August 10, 2012, 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.