Saturday, December 10, 2011
Leading actuarial firm: health care premiums to rise up to 85% thanks to resurgence of deadly Bubonic Plague and Obamacare but mostly Obamacare
The change you voted for.The report, conducted by Milliman, Inc., projects the impacts of the federal health care reform law starting in 2014, when most of the law's provisions go into effect. The report shows significant changes that will increase premiums while expanding government programs.
Specifically, Milliman's report projects that individual premiums in Ohio could increase by as much as 55 to 85% in 2014, not including the current medical trend which has been an average increase of 7 to 8% nationwide each year. Moreover, some individuals may see their premiums increase by 90 to 130% depending on their current health status...