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The Guardian Life Insurance Company of America - Rate Filing


Thursday, September 29, 2011
Reference: 
GARD-127668469

New Submission Small and Large Group  Below is a summary of the proposed Vision rate manual change(s) to be effective upon approval of this rate filing: 

For Plans Utilizing the VSP Network:

1. VSP 10+ Secular Trend Factor is currently 1.0984 for cases effective on 10/1/2011. Based on internal company experience, we are resetting this factor to be 1.0664 for the period 10/1/2011 to 12/31/2011. This change results in a 2.9% reduction in rates. This factor will increase by 1% per quarter starting 1/1/2012.

For Plans Utilizing the Davis Vision Network:

1. Davis 10+ Secular Trend Factor is currently 0.9658 for cases effective on 10/1/2011. Based on internal company experience, we are resetting this factor to be 0.96 for the period 10/1/2011 to 12/31/2011. This change results in a 0.6% reduction in rates. This factor will increase by 0.625% per quarter starting 1/1/2012.

These changes are based on an analysis of internal company

Effective on Approval
Status = Pending
-2.700% Change
 
HIRFPending
Attachment(s):