By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Actuarial Study Results a Mixed Bag on Costs of Claims under ACA
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Finance > Actuarial Study Results a Mixed Bag on Costs of Claims under ACA
BusinessFinanceHealth ReformPolicy & Law

Actuarial Study Results a Mixed Bag on Costs of Claims under ACA

MichaelDouglas1
MichaelDouglas1
Share
2 Min Read
health_collective_ACA
SHARE

health_collective_ACAOut yesterday are the rather unsurprising results from a study commissioned by the Society of Actuaries that notes a sharp increase in claims processing costs under the ACA.

health_collective_ACAOut yesterday are the rather unsurprising results from a study commissioned by the Society of Actuaries that notes a sharp increase in claims processing costs under the ACA. This is to be expected in a healthcare arena soon to rapidly increase access among policyholders who would have been denied coverage otherwise (as they probably have at lease one pre-existing condition meriting denial).

The disparities are striking. By 2017, the estimated increase would be 62% for California, about 80% for Ohio, more than 20% for Florida and 67% for Maryland. Much of the reason for the higher claims costs is that sicker people are expected to join the pool, the report said.

At a briefing at the White House Tuesday, Health and Human Services Secretary Kathleen Sebelius said talk about rates is “speculative” at this point, though she acknowledged that some people will see their costs go up.

While it is reasonable to acknowledge these results from a trial that may make assumptions (among them: all states would have to agree a Medicaid expansion under the ACA), one needs to take care in interpreting those results and consider other factors that may offset early costs — tax credits on those sickest individuals, enabling care; and the cost mitigation simply borne out of competition among insurers in any given state exchange. | LINK to actuarial trial

image: old actuarial chart/shutterstock

More Read

Strong Need for Vaccination in Low and Middle Income Countries
America Has a Medical Care System Not a Health Care System
Health Affairs Briefing Addresses Costly Consequences of Diabetes Treatment in America
The Elusive Power of mHealth
Can We Take the Excitement out of the FDA? Agency Could be Turning a Corner
TAGGED:ACAobamacare
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

How Setting Boundaries Helps Trauma Survivors Heal
Health
October 30, 2025
how to improve REM sleep
Unlock Better Sleep: How to Improve REM Sleep Naturally
Wellness
October 30, 2025
uv protection in winter
Winter Sun Safety: Why UV Protection Matters Year-Round
Health
October 29, 2025
Nurse Scheduling Software
Evaluating 7 Best Nurse Scheduling Software
Nursing Technology
October 28, 2025

You Might also Like

Healthcare Technology Showcase and Learning Center in Washington DC

April 1, 2011

What Healthcare Can Learn from the Financial Industry

October 2, 2012
chiropractic adjustment methods
Health care

What Are The Proven Benefits Of Chiropractic Care?

December 30, 2018
BusinessGlobal Healthcare

How Western Companies Can Capitalize on the Opportunities in India

December 23, 2011
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?