BCBSVT’s Fourth Quarter 2013 through Third Quarter 2014 Administrative Charges and Contribution to Surplus Filing.
Company is proposing a 1.7% trend rate be applied to base period expenses. While the company advises that its proposed administrative charges do not include any component for contribution to surplus, a contribution to surplus will be applied separately to the company’s lines business as follows: (a) 2.0% of premium for BCBS Insured, Nongroup, Safety Net and Medicare Supplement; and (b) 0.5% for Cost Plus.
This filing is not subject to public comment.
Click attachment to view entire filing.
Once the actuarial opinion has been received by the Department and the Commissioner’s recommendation concerning this filing has been made, these documents will be found at the Green Mountain Care Board’s rate review website: http://gmcboard.vermont.gov/rate_review You can search the Board’s website using the SERFF tracking number at the top of this page. Once the decision has been issued by the Board we will update the status of the filing on our website. Please note there is a time lapse between when the filing is submitted to our Department and when the Board issues the decision.