File under things you already knew: ObamaCare will make insurance cost more

From the Washington Post:

Insurance companies will have to pay out an average of 32 percent more for medical claims on individual health policies under President Barack Obama’s overhaul, the nation’s leading group of financial risk analysts has estimated.

That’s likely to increase premiums for at least some Americans buying individual plans.

The report by the Society of Actuaries could turn into a big headache for the Obama administration at a time when many parts of the country remain skeptical about the Affordable Care Act.While some states will see medical claims costs per person decline, the report concluded the overwhelming majority will see double-digit increases in their individual health insurance markets, where people purchase coverage directly from insurers.

And from the Athens Banner-Herald:

A study by the Society of Actuaries estimates the new federal health care law will raise medical claims costs in Georgia by 27.6 percent.

The study assumes every state will expand its Medicaid program, but Georgia Gov. Nathan Deal has said the state will not expand the program.