The Wisconsin Office of the Commissioner of Insurance (OCI) has completed its review of rates and forms filed by insurers requesting to participate in the federally facilitated exchange. It is important to note these rates and forms are impacting the individual market only and not the group market where most Wisconsinites get their coverage.The methodology is a bit sketchy, as it assumes a mid-level “silver” plan for a 21-year-old. That person is likely to be covered by his/her parent’s insurance or by their college health plan, and the people in bigger need of the exchanges are older working-class people, many of whom work as independent contractors and/or menial jobs that don’t offer insurance.
"This year, we were successful in ensuring coverage in all Wisconsin counties," stated Commissioner Ted Nickel. "Unfortunately, Wisconsin consumers will be facing an average premium rate increase of 36 percent for individual ACA-compliant health insurance plans in Wisconsin. These rate changes and the recent exiting of numerous national carriers make it even more important for individuals to actively explore their health insurance options. As always, it's helpful to seek out insurance professionals to help guide you through that process."
But it at least gives a comparison across years and counties, so let’s go with it. In the Wisconsin State Journal article on this subject, Deputy Insurance Commissioner J.P. Wieske was at least more honest about what the average exchange user would really pay.
Premiums next year will increase an average of 40 percent for so-called silver plans on the exchange in the state. About 90 percent of people with the coverage get subsidies that will also go up accordingly, so they won't be directly impacted, Wieske said.Oh, so most Wisconsinites won’t actually pay more, there will just be more tax dollars spent in subsidy to make up the difference. That’s not good if you’re concerned about the federal deficit and being able to pay for other needs (it also might make tax cuts a really bad idea), but let’s not pretend that a lot of Wisconsinites are going to be driven into poverty as a result of what was revealed today.
Rates for bronze plans, which offer less coverage, will go up 21 percent. The cost for gold plans, which offer more coverage, will go up 19 percent. People buying those plans will have to pay more.
And Wieske acknowedges that the anti-Obamacare talk from our President* is leading insurance companies to assume a worst-case scenario, which explains why there is such a jump in unsubsidized premiums.
A major reason for the stiff hikes is that President Donald Trump's administration hasn't said if it will continue certain payments to insurers, said J.P. Wieske, deputy commissioner of insurance…Wieske goes on to say that if the payments to insurers continue, then that would likely lower premiums next year. In addition, he says Trump’s executive order allowing for crap insurance to be sold to small groups may also allow for lower premiums than what was being reported today.
Trump has threatened to end payments to insurance companies to help cover low-income people, though the payments have continued.
Wisconsin, like some other states, told insurance companies to assume the payments, associated with silver plans, won't be provided next year. That contributed significantly to their large rate increases for silver plans, Wieske said.
But those realities didn’t stop our Koched-up governor from opening his trap, and continuing to spread the Big Lie.
Gov. Scott Walker added: "Obamacare is collapsing, and these huge premium increases show the law failed on its promise to deliver affordable healthcare."The duplicitousness of Sleazy Scotty is a real piece of work here.
1. If Trump would simply CARRY OUT THE LAW and allow the cost-sharing payments to insurance companies, Obamacare wouldn’t be looking at “huge premium increases” in Wisconsin.
2. Walker’s whole cynical plan in rejecting Medicaid expansion was to push Wisconsinites above the poverty line onto the exchanges, in the hopes of overloading the exchanges and making them less cost-efficient. Now Scotty is openly cheering the fact that people are facing premium hikes as an outcome of this decision instead of DEALING WITH PROBLEM AND HELPING THE PEOPLE OF WISCONSIN.
Trump and Walker are in the same boat here, willfully injuring their constituents to…accomplish what? Mess up the legacy of the Black Man that used to be in the White House? They've got no solution when it comes to giving adequate medical coverage to more people, and our media never asks these slimeballs what outcome they want to see, or how they plan to do it.
And why do people stand around and not demand that these bastards be run out of town on a rail for this ridiculous and sickening act?