Wisconsin to return federal money meant for insurance exchange

Governor awaits the fate of the Affordable Care Act to continue work on the project – Wisconsin decided this week to return federal money that would have helped the state establish its own health insurance exchange. The state had been given more than $38 million in federal grants for the project last year. Since then, legislators have been working on how to establish and exchange and whether or not one would actually exist in the state. Governor Scott Walker has been an opponent of the federal Affordable Care Act, the…

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Drivers see lower auto insurance minimums in Wisconsin

A debate has begun in Wisconsin regarding the value of a new law that will allow drivers to save money with  lower limits of  liability coverage for their auto insurance. Drivers will now be able to ask themselves whether or not it will be worth their while to lower their premiums as the minimum auto insurance requirement has been decreased throughout the state. However, many people are hesitating to rush for that initial savings. The reason for this lower minimum is that earlier in 2011, a bill was signed by Governor Scott Walker…

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Wisconsin to seek waiver from controversial Affordable Care Act measure

Wisconsin is seeking to obtain a waiver from the federal government that would provide the state’s insurance companies with immunity against a new health care law that would require them to pay at least 80% of the money collected from premiums on medical care. The law is part of the controversial Affordable Care Act, which, as a whole, has been met with varying degrees of opposition from the nation’s insurance industry and legislators. Governor Scott Walker claims that the waiver is necessary for insurers to remain competitive, and hopes to…

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Wisconsin at the forefront of democrat healthcare reform requirements

Wisconsin seems to be ahead of the curve when it comes to instituting health insurance exchanges. The state has recently completed the infrastructure necessary for supporting the system in spite of stiff opposition from Governor Scott Walker. Walker has denounced the exchanges as an overstepping of the federal governments boundaries, a notion shared amongst several Republicans that have opposed the health care reform law.  According to the law, states are tasked with setting up a self-sustaining exchange program by 2014. If they fail to do so, the federal government will…

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