Gov. Walker Issues Statement on Obamacare Individual Market Premium Increases - Insurance News | InsuranceNewsNet

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October 13, 2017 Newswires
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Gov. Walker Issues Statement on Obamacare Individual Market Premium Increases

Targeted News Service

MADISON, Wis., Oct. 12 -- Gov. Scott Walker, R-Wis., issued the following statement after the Wisconsin Office of the Commissioner of Insurance released information showing a 36 percent average premium increase for Obamacare-compliant health insurance in Wisconsin.

"Obamacare is collapsing, and these huge premium increases show the law failed on its promise to deliver affordable healthcare.

"A 21-year-old living in Brown County will be faced with increases as high as 105 percent under one Obamacare plan, and a 55-year-old single woman living in Milwaukee County, making little more than $30,000 a year, faces monthly premiums of $990 next year under one plan. These increases are unsustainable and unacceptable.

"While our state remains one of the best in the nation for health insurance coverage and quality, Obamacare is disrupting healthcare markets in our state and across the country. If Washington, D.C. fails to deliver on its promise of repealing and replacing Obamacare, we will explore our options in seeking greater flexibility from the federal government to help lower costs for Wisconsin citizens."

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