The American Academy of Pediatrics is recommending that all insurers in the individual market raise premiums on pre-established and pre-populated individuals to avoid a spike in health insurance costs.
In a statement, the academy said the move “may increase premiums for some people who are already paying too much and who need additional coverage.”
It’s the latest in a series of moves by insurers to try to prevent a spike.
In recent weeks, the Centers for Medicare and Medicaid Services said that if there are more pre-set individuals enrolled in individual market plans than available, the cost to the government will be $2.3 trillion over 10 years.
Insurers are scrambling to adjust the plans they offer to avoid spikes in premiums.
Some have begun offering plans with fewer policies or with lower deductibles, but the new policy would have a maximum deductible of $5,000 for individuals and $12,500 for families.
That’s up from $5 and $13,500 in 2016.
Premiums could also rise if more people opt out of coverage, the organization said.
But some insurers are raising the premiums to meet the new rules.
The Kaiser Family Foundation said the average increase would be $9,400 for an individual, or $18,000 in a family.
The American Academy’s statement says that “most individuals do not have pre-defined health conditions or are unlikely to have pre, established health conditions in the near future.”
It says this may lead some people to choose to have a pre-existing condition that may not be covered under the ACA.
It also said that many people who qualify for coverage will also qualify for Medicaid coverage.