Wisconsin insurance officials say average premiums will jump 36
percent for people buying health coverage through the federally run
increase for small groups buying coverage through the exchange is
expected to be nearly 5 percent.
people will have to find new providers as three health care
companies — Anthem, Molina and Health Tradition — leave the
exchange. The figures were released Thursday ahead of the enrollment
period that begins Nov. 1.
Commissioner of Insurance J.P. Wieske attributed the rate increases
to decreased competition and the assumption that the White House and
Congress won’t pay ‘‘cost sharing’’ subsidies that help cover
deductibles and copayments for low-income consumers. About 215,000
people are in the individual market. Wieske said those losing
coverage have been notified by the insurers.