Filed Under:Health Insurance, Individual Health

Group analyzes Wisconsin exchange menus

(LHP photo)
(LHP photo)

MADISON, Wis. (AP) — There will be multiple options across Wisconsin for purchasing insurance through the new marketplaces, or exchanges, required under the Patient Protection and Affordable Care Act (PPACA), an analysis released Thursday concluded.

Citizen Action of Wisconsin determined that every part of the state is covered by at least two insurance companies, at least three companies will be selling plans in nearly 99 percent of the state, and more than 68 percent of the state will be covered by at least four companies.

Under PPACA, each insurance provider selling through the exchange must offer at least two levels of coverage. This means at least six different plans will be on offer nearly everywhere in Wisconsin, the Citizen Action report said.

Thirteen insurance companies have notified state regulators that they will be selling individual plans through the exchanges, where people can shop for insurance starting in October for plans that take effect in January.

Earlier this month the state insurance commissioner's office released the names of the companies that will be selling insurance through the exchanges, but it has not provided details about coverage or rates. A spokeswoman for the office did not immediately return a message Thursday seeking details on when that information will be released.

The most competition between plans will be in Madison and Fond du Lac, where six insurers will be offering plans, the report said. Five companies will be selling in Janesville, Appleton, Manitowoc and Green Bay. And four insurers will be selling in Waukesha, Racine, Kenosha, Sheboygan, Eau Claire and Wausau.

In Wisconsin, about 92,000 people currently on Medicaid will be losing their coverage starting in January. Gov. Scott Walker, an opponent of the federal law, toughened Medicaid eligibility, forcing those people off of the state's BadgerCare plan and into the marketplace.

There are also an estimated 400,000 uninsured people in the state who may be shopping for coverage through the marketplace to avoid federal penalties.

The state Department of Health Services, along with dozens of other public and private local groups, is working on coming up with plans for enrolling those people starting in October.

See also:

 

 

 

Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Top Sales and Marketing Ideas - 2014

Special Feature

2014 100 Best Sales & Marketing Ideas

There are a million ways to sell an insurance product, and any one of them may work depending on your target market, your product lineup and your own unique skill set.

Explore Now
More Resources

Comments

Close

Advertisement. Closing in 15 seconds.