Hike in health insurance premiums due to rising health costs, not reform law, FactCheck.org concludes
Health insurance premiums for employer-sponsored family plans shot up by 9 percent from 2010 to 2011, but the bulk of the hike is due to the increase in health care costs, not the federal health-care reform law, non-partisan FactCheck.org has found.
The law is responsible for about 1 to 3 percent of the increase, however, in large part because the law requires an increase in benefits, including: covering preventive care without co-pays or deductibles; allowing adult children to stay on parents’ policies until age 26; increasing annual coverage limits; and covering children regardless of preexisting conditions.
“On the other hand, the fact that the law caused any increase at all casts more doubt on Obama’s promise that the law ‘could save families $2,500 in the comings years.’ We’ve been calling that claim into question for several years now,” Factcheck.org stares. “The plan fact is that — so far — the law has caused an increase in premiums, though not so large an increase as some Republicans claim.” (Read more)