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PA Bulletin, Doc. No. 09-1743


Capital Advantage Insurance Company; Filing No. 09-RRR; Filing for Approval of Revised Rates for Nongroup Medicare Supplemental Security Plan B, Medical Benefits; Rate Filing

[39 Pa.B. 5519]
[Saturday, September 19, 2009]

 Capital Advantage Insurance Company has filed for approval revised rates for the medical benefits component of its nongroup Medicare Supplemental Security Plan B Program. The aggregate rate increase requested is 19.6%, and the average monthly premium increase is $13.18. The requested effective date of the revised rates is January 1, 2010. The most recent prior rate revision for this program took effect on January 1, 2009. The current rate for First Eligible issues is $67.64, and the requested rate is $80.90. The rate adjustment would affect approximately 7,964 members, and would produce approximately $1,257,000 in additional premium annually.

 Unless formal administrative action is taken prior to December 9, 2009, the subject filing may be deemed approved by operation of law.

 A copy of the filing is available on the Insurance Department's (Department) web site at www.ins. To access the filing, under ''Quick Links'' click on ''Rate Filings Published in the PA Bulletin.''

 A copy of the filing is also available for public inspection, by appointment, during normal working hours at the Department's Harrisburg Regional office.

 Interested parties are invited to submit written or e-mail comments, suggestions or objections to Michael Gurgiolo, Insurance Department, Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, within 30 days after publication of this notice in the Pennsylvania Bulletin.

Insurance Commissioner

[Pa.B. Doc. No. 09-1743. Filed for public inspection September 18, 2009, 9:00 a.m.]

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