|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.
(c)2013 the St. Louis Post-Dispatch
Visit the St. Louis Post-Dispatch at www.stltoday.com
Distributed by MCT Information Services
We have detected that you are using an adblocker. The revenue we earn by advertisements allows us to publish quality content on InsuranceNewsNet.com.
If you wish to enjoy our content, please disable your adblocker and click the button below.
We hope you choose to whitelist our website and enjoy the content our team works hard to publish.