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The only effect of a conflict of interest, she said, is that premiums might be higher.
She also warned that premiums could spiral again unless there is a crackdown on fraudulent claims.
They argue that premiums are proportionately lower for basic life insurance.
But one result is that premiums for younger people are relatively high.
But benefits consultants say there is no doubt that premiums are soaring for many small businesses.
Hewitt Associates estimates that premiums increased just 7percentt last year, after earlier forecasts of double-digit increases.
But other research suggests that premiums would be prohibitively high, even for people who enrolled in subsidized high-risk pools.
The AA welcomed the report, although it pointed out that its recent research showed that premiums have shown a slight drop.
Kathleen Sebelius, the secretary of health and human services, said she had concluded that premiums would be so high that few healthy people would sign up.
America's Health Insurance Plans (AHIP) responded to the president's speech by noting that premiums have been set for next year based on assumptions that pre-dated the changes.
Many consumer advocates worry that premiums will be raised significantly across the board first, and then individual discounts will be applied.
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