During the White House press briefing this afternoon, Deputy Press Secretary Josh Earnest was questioned by a reporter about a new study showing skyrocketing costs of insurance policies as a result of the implementation of the Affordable Care Act.
Earnest dismissed the study, noting that it was performed by an insurance company, reminding reporters that the Affordable Care Act was passed to “protect consumers” from insurance companies.
“It’s not particularly surprising that an insurance company would conduct a study that was critical of a piece of legislation that was promising to hold them accountable for their actions,” Earnest concluded.
The report conducted by the Society of Actuaries estimated that insurers will pay an average of 32 percent more for individual health claims.
The study notes that the estimated increase by 2017 would rise as much as 81 percent for Ohio, 62 percent for California and more than 20 percent for Florida.