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PA Bulletin, Doc. No. 08-1778


Capital Advantage Insurance Company; Special Care Individual Direct Pay Medical-Surgical Contract Rate Increase; Filing No. 08-Q; Rate Filing

[38 Pa.B. 5404]
[Saturday, September 27, 2008]

   Capital Advantage Insurance Company submitted to the Insurance Department (Department), for its review and approval, adjusted rates for the medical-surgical portion of its Special Care Individual Direct Pay Basic Hospitalization/Medical-Surgical Program. The requested average rate increase is 9.9%. An effective date of January 1, 2009, has been requested. The proposed rate increase would affect approximately 3,115 contracts and would produce additional annual premium income of $469,080.

   The current and requested rates are as follows:

   Special Care Medical/Surgical Program Health Services--Nongroup

Contract Type Current Rates Proposed Rates Percentage Increase
Tier I
Single   $92.93 $102.13 9.9%
Husband and Wife $185.86 $204.26 9.9%
Parent and Child $154.45 $169.74 9.9%
Parent and Children $154.45 $169.74 9.9%
Family $247.38 $271.87 9.9%
Tier II
Single   $92.93 $102.13 9.9%
Husband and Wife $185.86 $204.26 9.9%
Parent and Child $154.45 $169.74 9.9%
Parent and Children $154.45 $169.74 9.9%
Family $247.38 $271.87 9.9%

   Unless formal administrative action is taken prior to December 11, 2008, 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 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 Harrisburg and Pittsburgh offices.

   Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, within 30 days after publication of this notice in the Pennsylvania Bulletin.

Insurance Commissioner

[Pa.B. Doc. No. 08-1778. Filed for public inspection September 26, 2008, 9:00 a.m.]

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