BCS Insurance Company - Rate Filing
Rates for the Group Short Term Medical Policy (Form 54.402) that was approved on June 16, 2011 under SERFF Tracking number: MCHU-127198929. At the time the rates were approved, our client was instructed that maternity could not be excluded for short term duration health policies, and thus the rates did not include a factor for maternity benefits.
Our client understands that the Insurance Director has made a change in policy and that short term duration health policies are no longer required to cover maternity. At this time, our client would like to submit revised actuarial information for your review in light of this change.