Godlike Productions - Conspiracy Forum
Users Online Now: 2,584 (Who's On?)Visitors Today: 1,304,050
Pageviews Today: 2,034,399Threads Today: 603Posts Today: 13,559
05:05 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Study: Obama Care to raise claims cost 32%

 
Doomer1981

User ID: 10500683
United States
03/27/2013 04:50 AM

Report Abusive Post
Report Copyright Violation
Study: Obama Care to raise claims cost 32%
WASHINGTON (AP) — 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.

While some states will see medical claims costs per person decline, the report concluded the overwhelming majority will see double-digit increases in their individual health insurance markets, where people purchase coverage directly from insurers.

The disparities are striking. By 2017, the estimated increase would be 62 percent for California, about 80 percent for Ohio, more than 20 percent for Florida and 67 percent for Maryland. Much of the reason for the higher claims costs is that sicker people are expected to join the pool, the report said.

[link to news.yahoo.com]
Doomer
Anonymous Coward
User ID: 20574169
United States
03/27/2013 04:52 AM
Report Abusive Post
Report Copyright Violation
Re: Study: Obama Care to raise claims cost 32%
WASHINGTON (AP) — 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.

While some states will see medical claims costs per person decline, the report concluded the overwhelming majority will see double-digit increases in their individual health insurance markets, where people purchase coverage directly from insurers.

The disparities are striking. By 2017, the estimated increase would be 62 percent for California, about 80 percent for Ohio, more than 20 percent for Florida and 67 percent for Maryland. Much of the reason for the higher claims costs is that sicker people are expected to join the pool, the report said.

[link to news.yahoo.com]
 Quoting: Doomer1981


Low information voters just want the free phone.

News