A reinsurance proposal will help reduce premiums for people buying plans on the private market in Wisconsin according to Governor Scott Walker. He touted the proposal during a stop at HSHS Sacred Heart Hospital in Eau Claire.
Walker says since rates increased an average of 36 percent this year for people buying health insurance on the private market this proposal is needed. The governor says the proposal looks to help lessen the problems with the Affordable Care Act.
HSHS Sacred Heart supports the program that would help about 200,000 people across Wisconsin who are only able to access coverage on the individual market.
“It not only keeps premiums at a reasonable level, but we believe that making this change will reintroduce more plans to the marketplace so that consumers will have more choices.”
“It provides access to care to patients that may not be receiving it otherwise and may be forgoing important treatment because of the cost that’s associated with that.”
The governor also says the program is counting on at least 150-million dollars coming from the federal government with the other 50-million coming from the state.
In a statement, Eau Claire County democratic chair Beverly Wickstrom said she has grave concerns about the proposal, in part saying it does not help most middle-class families or explain where the state will get the money to pay for its share of the program.