Study: Indiana individual health-claim costs to rise

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A study by the nation's leading group of financial risk analysts shows the biggest driver of health insurance premiums will rise by more than 67 percent for Indiana residents' individual policies under President Barack Obama's health care overhaul.

The Society of Actuaries study says medical claims will increase by that much in individual health insurance markets, where people purchase coverage directly from insurers. The projected increase is partly due to sicker people joining the insurance pool.

The study says most states will see increases, and assumes every state will expand its Medicaid program, but that's uncertain in Indiana.

The Obama administration says the study ignores subsidies to help with premiums. Middle-class households can buy subsidized insurance in new marketplaces Oct. 1.

The report doesn't cover employer plans.


  • No that fantasy won't had happen
    Young people won't buy health insurance for magical reasons. The health care tax while fairly high for many which have insurance is pathetically low for not having insurance. What does that mean? Most will be pushed into health care exchanges who could pay for individual insurance. Most young people will pay a few hundred in tax penalties receiving nothing in return, while the costs go through the roof for people paying for insurance. Instead redistribution of wealth to cover uninsureable, a government problem if you ask me,will be pushed on individuals. Thanks Obama. The point if the Obama care was to end private coverage not expand it. Time some of you caught on to the sleight of hand going on here!!!
  • Everything go up but wages
    Any supporter of Nobama's Healthcare plan is not looking very deeply into it, or should I say is going to have their premiums paid by the working Americans. My wife's company is cutting everyones hours to 27 per week so that they do not have to offer those individuals health insurance. How is this good for the economy? Raising everyone that IS WORKING taxes to pay for this moronic healthcare plan...is good for the economy? Betr'nu....I must say that due to all the property damage claims last year, my home owners insurance went up (and I do not live on the coast in an $800,000.00 home that has to get re-built every five to ten years) Why would anyone think that costs will go down with any type of insurance when it is being used more....duh? This entire healthcare plan is design to take more money from individuals with jobs that pay taxes!
  • No kidding?
    So, what this says is that, because more people will be insured, there will be more claims? And somebody got paid for this study?
  • Where's the Math??
    And all the claims we heard for years from the insurance companies that expanding the pool will lower costs means...what??? The individual mandate will, almost by definition, guarantee that many millions of younger, presumably much healthier folks will enter this same individual private market, thus avoiding the projected armageddon.

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