Health insurance premiums on average could rise by 40 percent under the Patient Protection and Affordable Care Act, a new study claims.
The study by Milliman consulting firm on behalf of Center Forward, a bipartisan organization, focused on premiums for individual and group comprehensive medical insurance plans in Arizona, Florida, Illinois, New Jersey, Ohio and Wisconsin.
Individual premiums, on average, will increase 25 percent to 40 percent due to PPACA, the firm said, while small market group premiums may increase by 6 percent to 12 percent.
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