The average premium in Wisconsin for health insurance through the federal exchanges will go up by 36 percent.
The state Commissioner of Insurance Office says about 75,000 people will have to find new coverage, after three health care companies dropped out of the exchanges. They’re Anthem, Health Tradition and Molina.
Deputy Commissioner J.P. Wieske says decreased competition is partly to blame for the hike. He says there’s also an assumption that Congress and the White House won’t pay “cost-sharing” subsidies to help cover deductibles and co-pays for low-income patients.
