Loss of subsidies fuels Wisconsin health insurance hike
MADISON, Wis. (AP) - Wisconsin health insurance companies assumed there would be no more subsidies for plans sold through the federal exchange, which led to a projected 36 percent increase for the average premiums.
State insurance officials announced the premium increase Thursday, just hours before President Donald Trump said he was immediately ending the federal subsidies.
Deputy Insurance Commissioner J.P. Wieske said Friday that Trump's announcement does not change the 36 percent increase projection the state made. However, he says if the subsidies remain, it could mean that policy holders would see a refund or lower costs in 2019.
Gov. Scott Walker has been an outspoken opponent of the federal health care law and refused to set up a state-run exchange. He says Wisconsin will look for flexibility under the law to cut costs.
Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Members of the newly created commission to regulate ethics laws for Wisconsin office holders and lobbyists are beginning their work with the simplest of tasks: deciding on a name. Weightier decisions aren't far...More >>
Longtime Wisconsin Supreme Court Justice Shirley Abrahamson was absent from court arguments and closed-door discussions Monday without explanation. Chief Justice Pat Roggensack announced from the bench that Abrahamson...More >>
ST. PAUL, Minn. (AP) - Jaden Schwartz scored with 2:27 remaining during a 4-on-4 situation and the St. Louis Blues beat the Wild 2-1 on Friday night to leave Minnesota with a 2-0 leadMore >>
Giannis Antetokounmpo had 32 points and 14 rebounds, and the Milwaukee Bucks scored the final nine points in a 103-94 victory over the Charlotte Hornets. Antetokounmpo was 13 for 21 from the field and 6 for 8 at the line....More >>
A federal watchdog says climate change is already costing U.S. taxpayers billions of dollars each year, with those costs expected to rise as devastating storms, floods, wildfires and droughts become more frequent...More >>
A federal watchdog says climate change is already costing U.S. taxpayers billions of dollars each year, with those costs expected to rise as devastating storms, floods, wildfires and droughts become more frequent in the...More >>