Society of Actuaries

Mass. to see drop in medical claims costs

Mar 27, 2013
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Medical claims costs are expected to soar in many states under President Barack Obama's health care overhaul. Massachusetts is an exception.

A new study by the nation's leading group of financial risk analysts, the Society of Actuaries, has found that medical claims costs — the biggest driver of health insurance premiums — will jump an average 32 percent for Americans' individual policies.

The report concluded the overwhelming majority will see double-digit increases in their individual health insurance markets where people purchase coverage directly from insurers.