Wednesday, March 27, 2013

Study: Health overhaul to raise claims cost an average 32 percent : page all - NorthJersey.com

 

Insurance companies will have to pay out an average of 32 percent more for medical claims on individual health policies under President Barack Obama's overhaul, the nation's leading group of financial risk analysts has estimated.

That's likely to increase premiums for at least some Americans buying individual plans.

The report by the Society of Actuaries could turn into a big headache for the Obama administration at a time when many parts of the country remain skeptical about the Affordable Care Act.

Study: Health overhaul to raise claims cost an average 32 percent : page all - NorthJersey.com

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