The Society of Actuaries released a study on the projected increases for health insurance premiums under the new health care laws.
It does not look good. Our health insurance premiums are projected to go up 67% under the new health care laws. This is a huge jump because of health care reform.
We are one of the states getting the highest increase. The SOA believes these increased premiums will be on new policies purchased in 2014.
They state that self funded group plans should not be affected in this manner.
This study should be getting more attention.
With these kinds of rate increases projected, Hoosiers are going to be more dependent of Federal Subsidies through the health insurance exchange.