Health insurance exchange in Wisconsin now faces a tight deadline

Wisconsin Governor Scott Walker health insurance

States that have not yet decided how they will be complying with the healthcare reforms must act quickly. Wisconsin is among the states that have not yet decided whether or not it will be running its own health insurance exchange and how it will be applying the required elements of the Affordable Care Act, but the deadline is now looming. Governor Scott Walker has been delaying the final healthcare reform decisions for more than a year. The reason that Walker gave for his delays was one that has been common…

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Health insurance costs could drop $12 billion in Wisconsin from weight loss

Health Insurance Report on obesity

If residents of the state were to achieve a proper BMI, the savings would be tremendous. A report released about the cost of health insurance in Wisconsin has shown that the state could save up to $11.96 billion if its residents shed an average of 5 percent of their body mass index (BMI) by the year 2030. Even the smallest efforts could make a tremendous difference to reduce the obesity problem. It has been recommended that schools and workplaces increase their activity levels and that fresh vegetables and fruits be…

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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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Wisconsin Governor puts a stop to the state’s progress on establishing a health insurance exchange

Wisconsin Governor Scott Walker has announced that the state will put a halt to its plans to form a health insurance exchange for the time being. Governor Walker claims that further work on an exchange program would be a waste of time if the Supreme Court declares the federal Affordable Care Act unconstitutional. The law requires all states to build a health insurance exchange by 2014. If states fail to meet the deadline, the federal government will take charge and build one itself. Governor Walker’s halting of the program could…

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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 insurance regulators seek 80 percent rule exemption

Insurance regulators for the state of Wisconsin have expressed their worry over the impact of a new federal rule, which may make it impossible for some health insurance companies from being capable of providing coverage to individuals who purchase their own health coverage as opposed to receiving it through their employers. In Wisconsin, the insurance commissioner’s office has made a request to federal officials to gradually ease into their new rule, which would necessitate that health insurance companies spend at least 80 percent of the premiums they collect on actual…

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Study finds that health care reform will bring more insurance coverage to many, but at higher cost

Last year’s health care overhaul continues to be the most controversial legislations passed championed by the current administration. Confronted with concerns that the nations health care system was unbalanced and on the verge of cataclysmic collapse, President Obama and his compatriots sought to make changes that would improve the system overall. Though the health care reform aims to increase the number of people that have access to insurance coverage, how such a feat will be accomplished remains something of a mystery. Last year, soon after the notorious Affordable Care Act…

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