SALEM, Ore. (AP) — The federal health care overhaul will cause insurance premiums to rise, in some cases substantially, for Oregonians who buy their own insurance or get their coverage from a small employer, according to the findings of new study.

For many, the increases will be offset by new federal subsidies or decreases in other out-of-pocket health care costs.

The study, released Tuesday, said premium changes will vary widely from person-to-person or family-to-family once the law takes effect in 2014.

It projects that individuals who buy their own coverage will pay 38 percent more on average. Premiums for people who get coverage from an employer with 50 or fewer workers will rise by 4 percent on average, the study found. About 175,000 people get coverage in the individual market and 210,000 from the small group market in Oregon, according to state data.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.