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Health care law will raise claim costs in SD
AP ^ | 3/26/2013

Posted on 03/26/2013 5:40:04 PM PDT by markomalley

A study by the Society of Actuaries estimates that the new federal health care law will raise medical claims costs in South Dakota by 29 percent.

Medical claims costs are the main driver of health insurance premiums. The study estimates that President Barack Obama's Affordable Care Act will raise claims costs nationally by an average of 32 percent per person in the individual health insurance market by 2017. That's partly due to sicker people joining the pool.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Government; US: Arkansas; US: Iowa; US: Montana; US: Oklahoma; US: South Dakota; US: Washington
KEYWORDS:

1 posted on 03/26/2013 5:40:04 PM PDT by markomalley
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Also Iowa

A study by the Society of Actuaries estimates that the new federal health care law will raise medical claims costs in Iowa by an average of 9.7 percent per person in the individual health insurance market.

Medical claims costs are the main driver of health insurance premiums. The study estimates that President Barack Obama's Affordable Care Act will raise claims costs nationally by an average of 32 percent per person in the individual health insurance market by 2017. That's partly due to sicker people joining the pool.

2 posted on 03/26/2013 5:41:46 PM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good -- Leo XIII)
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To: markomalley

"It will not raise OUR families' or our Staff's families' costs.
Or that of any Moslem family.
You taxpayers are NOTHING but stupid dhimmi-sheep."

3 posted on 03/26/2013 5:43:58 PM PDT by Diogenesis (De Oppresso Liber)
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And Montana

A study by an organization of financial risk analysts estimates the new federal health care law will raise medical-claims costs in Montana by more than 20 percent.

The estimates recently released by the Society of Actuaries say the national average will rise 32 percent for individual policies, but they vary widely from state to state.

And Arkansas

And Oklahoma

And Washington

4 posted on 03/26/2013 5:44:29 PM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good -- Leo XIII)
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Here is the full report: link to pdf
5 posted on 03/26/2013 5:46:51 PM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good -- Leo XIII)
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To: markomalley

Remember the government rule of 10: Every government program will cost 10 times as much as originally projected.

so far we are up from $1Trillion to $6Trillion


6 posted on 03/26/2013 5:50:01 PM PDT by Mr. K (There are lies, damned lies, statistics, and democrat talking points.)
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To: markomalley

And the beauty of the scam is that is that it will look like it is the “greedy corporations” causing the increase - just like all the new energy fees and regulations do since they are being imposed directly on them and then passed to the consumer on their billing.


7 posted on 03/26/2013 6:47:09 PM PDT by Republican Wildcat
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