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PA Bulletin, Doc. No. 17-648


Capital Advantage Assurance Company, Inc. (CABC-130954662); Small Group Off Exchange; Rate Filing; Correction

[47 Pa.B. 2270]
[Saturday, April 15, 2017]

 An error occurred in the notice published at 47 Pa.B. 1927 (April 1, 2017). The total average rate increase in the first paragraph was incorrect and is corrected as follows.

 Capital Advantage Assurance Company, Inc. submitted a rate filing to change the premium rates for its Small Group products (PPO). The filing proposes a rate increase of 2.7% over the prior approved 2017 3rd and 4th quarter rates for a total average rate increase of 6.2%. Approximately 61,616 members will be impacted. The proposed rate increase will generate an annualized increase of approximately $22.2 million of revenue and will be effective July 1, 2017.

 Unless formal administrative action is taken prior to June 14, 2017, 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 (hover the cursor over the ''Consumers'' tab, then select ''ACA Health Rate Filings'').

 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 or e-mail comments, suggestions or objections to Cherri Sanders-Jones, 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. 17-648. Filed for public inspection April 14, 2017, 9:00 a.m.]

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