Wednesday, 27 March 2013 03:38
New health law could push individual medical claim costs up
A new report says the national health law will push up the cost of medical claims in both Missouri and Illinois.
The study by the Society of Actuaries says the amount paid by insurers who sell policies to individuals in Illinois will rise more than 50 percent by 2017. The jump is even greater in Missouri, where the cost of medical claims could grow by almost 60 percent.
The report says costs will rise largely because of spending on sicker people and other high-cost groups who will gain coverage under the Affordable Care Act. The study did not make similar estimates for Employer-sponsored plans.
The White House disputes the study's claims because they didn't consider other cost-saving aspects of the new law.
The study by the Society of Actuaries says the amount paid by insurers who sell policies to individuals in Illinois will rise more than 50 percent by 2017. The jump is even greater in Missouri, where the cost of medical claims could grow by almost 60 percent.
The report says costs will rise largely because of spending on sicker people and other high-cost groups who will gain coverage under the Affordable Care Act. The study did not make similar estimates for Employer-sponsored plans.
The White House disputes the study's claims because they didn't consider other cost-saving aspects of the new law.
Published in
Health & Fitness
Latest News
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
SAMARDZIJA PITCHES CUBS PAST CARDINALS 4-2
ST. LOUIS (AP) -- Ryan Sweeney and Cody Ransom hit back-to-back homers in a four-run first inning and that was plenty for Jeff Samardzija, who pitched the Chicago Cubs over the St....
ALTIDORE SCORES, US BEATS HONDURAS 1-0
SANDY, Utah (AP) -- Jozy Altidore scored a goal in his fourth consecutive international match, enough for the United States to edge Honduras 1-0 in a World Cup qualifying game Tues...
MILLER, MOLINA LEAD CARDINALS TO VICTORY
ST. LOUIS (AP) -- Rookie Shelby Miller pitched five shutout innings and Yadier Molina had a two-run double to lead the St. Louis Cardinals to a 5-2 win over the Chicago Cubs on Mon...
HEAT HAVE NO ROOM FOR ERROR VERSUS SPURS IN GAME 6
MIAMI (AP) -- They lost three times in three months in one of the most overpowering stretches the NBA has ever seen. Now the Miami Heat have lost three times in five games. So su...
RASK SHUTS DOWN BLACKHAWKS AS BRUINS TAKE 2-1 LEAD
BOSTON (AP) -- The puck bounced off the post and rolled across the crease, away from the goal line. The red light flashed briefly, but replays would confirm that Tuukka Rask's shut...
MANU GINOBILI SPARKS SPURS TO GAME 5 WIN
SAN ANTONIO (AP) -- Manu Ginobili had 24 points and 10 assists in a surprise start to spark the San Antonio Spurs to a 114-104 victory over the Miami Heat in Game 5 of the NBA Fina...
CARDINALS DROP SERIES WITH LOSS TO MARLINS, 7-2
MIAMI (AP) -- Maybe the St. Louis Cardinals were looking ahead to the Chicago Cubs. In a matchup of worst versus first, NL Central leader St. Louis mustered only five hits Sunday ...
ROSE WINS US OPEN, MORE HEARTACHE FOR MICKELSON
ARDMORE, Pa. (AP) -- A steady hand gave Justin Rose the shiny U.S. Open Trophy. A wild ride gave Phil Mickelson yet another silver medal. Rose captured his first major championshi...
