Obamacare Up 32 percent

Study estimates Obamacare could raise individual claim costs 32 percent

Actuaries groups offers sobering look at the rising costs for individual insurance coverage plans under Obama health law

UPDATED 22:58 PM EDT, March 26, 2013 | BY John Solomon

One of the nation's premier experts in numbers has a tough diagnosis for President Barack Obama's health care law.
In a report that could prove a big political headache for the administration, the Society of Actuaries estimated Tuesday that insurers will have to pay out an average of 32 percent more for claims on individual health policies under the Affordable Care Act, a cost likely to be passed on to consumers.