A new study says medical claims costs in Delaware will increase by almost 30 percent for individual policies under President Obama’s health care reform plan.
The report released Tuesday by the Society of Actuaries says medical claims costs in Delaware will increase by 29.3 percent in the individual health insurance market by 2017, compared to an estimated 32 percent nationwide increase.
The study estimates that the non-group cost per member per month in Delaware will increase from $380 to $491.
The study also projects that the percentage of uninsured in Delaware would decrease from 9.5 percent to 4.9 percent by 2017, and that the individual non-group market will more than double, from about 26,000 to 56,000 lives, with 81 percent of that enrollment in health care exchanges.
Was this article valuable?
Here are more articles you may enjoy.
Greek Oil Tanker Exits Hormuz Shipping Strait With Signal Off 
Prices for New Cars Have Soared. Here’s One Big Reason Why 
Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War 
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 
