So much for Obamacare controlling the price of health insurance

Insurance premiums have grown at a much faster rate after the reform changes have started to kick in. From the Financial Times:

Insurance premiums for family health benefits in 2011 jumped 9 per cent from a year ago to $15,073, according to a study released on Tuesday by the Kaiser Family Foundation. That represented a sharp acceleration from 2010, when premiums rose by a modest 3 per cent, and easily outpaced a 2 per cent rise in wages.
“This year’s 9 per cent increase in premiums is especially painful for workers and employers struggling through a weak recovery,” said Drew Altman, Kaiser’s chief executive.
Health insurance premiums have more than doubled during the past decade and, although the survey reveals some of the early impact of the law, it does not provide reasons for the increase.
Kaiser said that it was beginning to see changes in preventative care benefits and many companies were enrolling young adults into corporate health plans plans because of the law. However, it said that most workers that were already enrolled in company plans are exempt from the law’s provisions.
Matthew Borsch, healthcare analyst at Goldman Sachs, said the increase could be due to the high rate of increase in family coverage, due to a new provision allowing people up to the age of 26 to join their parents’ plan, creating additional costs. He also noted that some measures in the law that were intended to contain costs were watered down. . . .