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Premiums grew average of 10 percent before Affordable Care Act

Source: USAToday

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Health insurance premiums went up an average of 10% a year in the three years before the Affordable Care Act was enacted, a report released today finds.

"The two main lessons are the notion that there was a pre-existing double-digit trend, and that it was variable," said Jonathan Gruber, author of the Commonwealth Fund report and a professor of economics at the Massachusetts Institute of Technology. "It could have gone up 100% for a sick guy and gone down some for a healthy guy."

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