Since 2010 when the Affordable Care Act (ACA) became law, there have been many changes in the way people buy health coverage plans in Wisconsin. In general, more people have health coverage.
- In 2014, 8.4 percent of Wisconsinites were uninsured; in 2013, that number was 11.7 percent
- In 2015, 207,349 Wisconsinites enrolled in health coverage plans through healthcare.gov
- In the five years since the ACA became law, 56,965 more Wisconsinites have gained Medicaid or CHIP coverage1
Health Coverage Plans Are More Affordable
For many people in Wisconsin, health coverage is much more affordable. For those who are eligible for Advanced Premium Tax Credits, the average premium increased only about $4 from 2015 to 2016.2
- Fifty percent of the Wisconsinites who got subsidies paid less than $100 per month (or $1,200 / year) for coverage1
- Eighty-nine percent of those who signed up in 2015 qualified for an average tax credit of $315 per month
What About Those Who Are Not Eligible for Subsidies?
In 2016, the second lowest-cost Silver plan for a 40-year-old single person living in Madison averaged a premium of $254 per month.3
If you’re looking for a health coverage plan in Wisconsin, choosing the right plan can be hard. It may help to look at your health care expenses. With that, you can better find the plan that’s right for you. If you still have questions, you can chat with our customer service representatives at 608.644.3430.
How Do You Sign Up for Health Coverage Plans in Wisconsin?
You can view and apply for plans online. But, you can’t buy coverage any time – you might need to wait until Open Enrollment. In 2016, that’s November 1, 2016 to January 31, 2017.
However, if you have qualifying events for health insurance, you may be eligible for a Special Enrollment Period. Some qualifying events include marriage, birth, moving out of the coverage area of your health plan, or losing other coverage. If you have any of these qualifying events for health insurance, be ready to provide documentation, such as a birth or marriage certificate. You’ll need to do this before your Special Enrollment Period is approved.
If you’re wondering what a health coverage plan would cost, or if you have qualifying events for health insurance, just contact us or have a look at our plans.