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Actuaries: Health Costs to Go Up No Matter What Court Decides on Law
Insurance Journal

As the country awaits the highly anticipated ruling by the U.S. Supreme Court to uphold or overturn the Patient Protection and Affordable Care Act (ACA), the actuarial experts who price are warning that health insurance costs will likely continue to increase regardless of how the court rules. A Society of Actuaries (SOA) member survey of 160 actuaries conducted June 13 found approximately two-thirds of respondents expect annual costs for currently insurable individuals to increase at least 10 percent, and costs for large group employers to increase at least five percent, even if the ACA is upheld in its entirety.