For the 2013 year, we have developed a new Select Plan Series to upgrade from our outdated copayment and rate schedule from the previously approved 600 Series Select Plans. The 700 and 7000 Select Plan rates will be administered for new and renewal business once approved. Because these are new products/rates, we do not currently have any membership and consider these to be a new product/rate filing.
The Select Plan Series (both 700 & 7000) Plans are the monthly group premium rates which correspond to form numbers DC 09GDSC and 09GDSCa1-DC which were approved on January 11, 2011.
The Select Plan 7000-Series are new plans and rates. These rates will be provided to the group for each individual enrolled in the plan and will be effective April 1, 2013.
The Select Plan 700-Series are an upgraded plan from the previously approved Select Plan 600-Series (SERFF Tracking# DMND-127807344 and attached hereto under the supporting documentation tab). We are requesting an increase of 4.5% on the 600 Series Select Plan rates that were filed and approved on January 11, 2012. These rates are provided to the group for each individual enrolled in the plan and will be effective July 1, 2013.