Court ruling will drive up health care cost

Fox News:
President Obama says the health care law makes coverage more affordable, but the insurance industry reacted to the Supreme Court decision by saying that the ruling will actually end up raising rates even more than they have climbed since the law was enacted. 
America’s Health Insurance Plans, the industry’s lobby group, issued a statement supporting expanding health care coverage to millions of Americans, but it said, “major provisions, such as the premium tax, will have unintended consequences of raising costs and disrupting coverage unless they are addressed.” 
The group's CEO, Karen Ignagni, told Fox News that because of the increased costs, “It's time for people to roll up their sleeves and look very carefully at those provisions.” 
The Kaiser Family Foundation, a nonprofit research group, has said that the average family insurance premium in 2011 topped $15,000 -- a 9 percent increase from the year before, while premiums had climbed just 3 percent a year before the law went into effect.

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Of course the price will go up.  How could it not.  Companies are required to take people with preexisting conditions which means the cost will have to go up for others to cover the added expense.  The new tax on young people will not make up the difference.

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