Health insurers adapt to new regulatory scheme [St. Louis Post-Dispatch]
|By Jim Doyle, St. Louis Post-Dispatch|
|McClatchy-Tribune Information Services|
And the sky hasn't fallen, yet. The insurance industry appears to have adapted to the health overhaul's mandated changes without too much trouble.
Under the law, carriers were required to allow children to stay on their parents' health plans until age 26. Youngsters with pre-existing conditions, including costly cancers and chronic illnesses, have been granted insurance. Seniors have been provided free preventive care through
Insurance carriers "have complained a lot, and been pretty vocal about it," said
But, she added, increases in the price of health premiums since the law's enactment appear to be the result of rising medical claims costs rather than changes in the law.
Meanwhile, health insurers have maintained strong operating margins in the past three years.
-- More than
-- About 6.1 million Americans with
-- An estimated 34.1 million Americans last year benefited from
-- About 3 million dependents under age 26 have been added to their parents' health plans since the law's enactment in 2010.
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