inner page header image

Study Shows Health Reform Could Mean ‘Sticker Shock’ in 2014

New evidence points to a likely outbreak of health insurance sticker shock when the bulk of the Affordable Care Act (ACA) takes effect in 2014. A Society of Actuaries report predicts medical claims costs will jump an average 32 percent for individual policies next year.

Other highlights include:

  • A new report finds that some individuals in California will see an average premium increase of 20 percent next year.
  • Florida legislation would hand off rate review authority for 2014 and 2015 to Health and Human Services (HHS).
  • The Illinois legislature is considering conflicting health insurance rate review bills.

Michigan lawmakers are considering a Medicaid expansion bill that would require recipients to have “skin in the game.”

For a printable version of this article, please click here.

For additional questions on this topic, contact Sheila Faust at 303-831-7100. You can also visit us online at http://www.benefitsupport. com/ .