2014 Premium Percentage Increases Released

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Tuesday, September 3, 2013

Wisconsin Releases Information on Rate Filings

Madison, WI—The Wisconsin Office of Commissioner of Insurance (OCI) has completed its initial analysis of rate filings in the individual market.

The chart below compares the cost increases for a $2,000 deductible that included drug coverage in the individual insurance market. We examined plans for a 21-year-old, a 40-year-old, and a 63-year-old. The rates were examined separately for Milwaukee, Eau Claire, Green Bay, Madison, Appleton, Wausau, Kenosha, and LaCrosse. The pre-reform plans are based on quoted rates effective July 1, 2013. Post reform plans are limited to plans from companies who have filed to participate in the federal exchange, and the averages will change if some insurers modify their service areas.

STORY & CHART: http://oci.wi.gov/pressrel/0913rateinfo.htm

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