Golden Rule Insurance Company.

Threshold Increase: 12.2 percent

Individual PPO, Transitional

Effective Date: July 1, 2018

HIOS Submission ID Number 722690008

SERFF Tracking Number AMMS-1313395146    

The Arizona Department of Insurance has reviewed the Threshold Rate Increase in this filing and determined it to be not unreasonable under the requirements for increases subject to review in 45 CFR Part 154 and Arizona Administrative Code (AAC) R20-6-2301 et seq.

On March 13, 2018, Golden Rule Insurance Company. (Golden Rule) filed with AZDOI a Threshold Rate Increase via SERFF tracking number AMMS-131395146. Golden Rule requested an overall increase of 12.2 percent (minimum 12.2 percent and maximum 12.2 percent). The requested increase affects Golden Rule's individual PPO, Transitional products, effective July 1, 2018.

AZDOI requested that its consulting Threshold Rate Review actuaries, Gabriel Roeder Smith & Company (GRS), perform actuarial analysis of the filing and proposed rates. GRS reviewed the requested increase under the requirements of 45 CFR Part 154 and AAC R20-6-2301 et seq. GRS found the rate increase to be not unreasonable based on the benefits provided.

Based on GRS’s opinion and AZDOI’s review of the filing, AZDOI determined that this rate increase is reasonable under the applicable HHS and Arizona rules. Accordingly, this rate increase is filed on May 4 , 2018 for implementation in Arizona on July 1, 2018.

Steven Noble
Rate Review Administrative Assistant II
Health Insurance Oversight Section
Market Oversight Division
Arizona Department of Insurance