Study: Reform will raise health insurance costs 32 percent nationally

Associated Press

Medical claims costs — the biggest driver of health insurance premiums — will jump an average 32 percent for Americans' individual policies under President Barack Obama's overhaul, according to a study by the nation's leading group of financial risk analysts. The increase will be even more pronounced in Missouri and Illinois, where medical claims costs will rise by more than 50 percent, according to the analysis. The findings 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. The estimates were recently released by the Society of Actuaries to its members.

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