Health insurers will likely pay out more to sick people under the Republican health care law than under Obamacare, according to a new analysis from the nonprofit Kaiser Family Foundation.
The analysis finds that about half of the more than $5.2 trillion in premiums insurers are required to cover under the law will be paid out to people who die under the current rules, rather than under the new ones.
Insurers will pay out $2,800 per person for a year of coverage, and they will pay about $1,400 for each year of life insurance, according the analysis.
In the last few years, insurers have faced pressure to make their rates less generous because of rising premiums and the high number of older people who are expected to be covered by their plans.
The new analysis is based on data from the National Health Interview Survey, which is used to estimate the number of people who will be covered under the plan.
About a quarter of the $1.9 trillion in total premiums paid by insurers are paid to people age 65 and older.
That is a slight decrease from last year, when more than a quarter, or about $4 trillion, of premiums were paid to those 65 and over.
Insurer rates have gone up slightly, as has the number, but they are still much lower than what they were before the Affordable Care Act was passed in 2010.
Insurance companies are still required to pay out at least 20 percent of the premiums that are collected to help cover the cost of care.
The report comes on the heels of an analysis released on Tuesday by the nonpartisan Congressional Budget Office that found that the new rules would increase the deficit by $337 billion over the next decade, a result that was not enough to offset the cost.
The CBO estimated that the cost to insurers of the new regulations would be $1 trillion by 2026, which it said was not good enough to justify the costs.