Study: Medical Claims Costs Could Rise 67% - 47 ABC - Delmarva's Choice

Study: Medical Claims Costs Could Rise 67%

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ANNAPOLIS, Md. (AP) - A study estimates medical claims costs in Maryland could jump 67 percent for residents' individual policies by 2017 under the federal health care overhaul, but a state official says the study is flawed because it doesn't consider unique steps taken to ease pressure on rates.
    
The increase cited in a report released Tuesday by the Society of Actuaries says much of the reason for the higher claims costs is that sicker people are expected to join the pool.
    
But Carolyn Quattrocki, executive director of the Governor's Office of Health Care Reform, says the report fails to consider several unique aspects in Maryland. One is the fact that it has a large high-risk pool compared to other states and has already taken care of a larger portion of its sickest residents.

 

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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