Thursday, June 5, 2014
Individual Market Insurance Premiums Grew 10 Percent Yearly Prior to Affordable Care Act
Health insurance premiums for people buying coverage on their own grew an average of 10 percent or more a year during the three years before the Affordable Care Act was enacted (2008-2010), according to a new Commonwealth Fund report.
The analysis, by Jonathan Gruber of the Massachusetts Institute of Technology, uses information collected in 2012 by the National Opinion Research Center (NORC) to look at individual market premium trends nationally and in 22 states for which data are available...