Department of Insurance, Securities and Banking

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BCS Insurance Company

Tuesday, April 1, 2014

The BCS Insurance Company respectfully submits an initial rate filing for Medical Stop Loss Coverage. This coverage is exclusively marketed to Self-Funded Employer Groups. The supporting actuarial memorandum provides the justification for the rates and rating factors included in the attached manual. 

This filing includes the following: 

1) Actuarial Memorandum, 29.250 et al 
2) CW Stop Loss Rating Manual 

As noted by the Self-Funded Health Plan TOI; it is specifically designed for self-funded employer groups. The policy coverage is intended to reimburse employers for medical costs incurred by an employer-sponsored plans that exceeds the stated Specific or Aggregate attachment points of the stop loss policy. This rate manual filing corresponds with a multi-form filing under SERFF# BCSF-BCSF-129353171 that is currently withdrawn/closed subject to be re-opened upon approval of this submission.

Status = Pending Industry Response
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