The Florida Office of Insurance Regulation has tried to come up with a better yardstick for measuring how the new federal health care law will affect insurance prices.
Officials created a table that uses two different methods to estimate the effects of the Patient Protection and Affordable Care Act on the prices of the individual policies sold through the state exchanges in 2014.
Using one method — the "gross annual premium" method — officials found prices for individual "qualified health plans," or exchange coverage, could be about 39 percent higher than they would be without PPACA.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
