Actuaries Offer Sobering Look at the Rising Costs for Individual Mandated Insurance Coverage

Rising Health Care Premiums

(Washington Guardian) In a new report that could become a political headache for Democrats that saddled us with ObamaCare,  The Society of Actuaries estimated on Tuesday, that insurers will have to pay out an average of 32% more for claims for individuals because of ObamaCare, a cost likely to be passed on to consumers.

Yesterday I wrote here that Health & Human Service Secy Kathleen Sebelius finally admits what many of us knew health care premiums are rising because of President Obama’s chief legislative achievement–ObamaCare.

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