Wisconsin Gov. Scott Walker yesterday signed legislation authorizing the state to pursue federal approval to create a state-based reinsurance program to help stabilize premiums in the individual health insurance market. “We applaud Governor Walker’s leadership in developing, and the Legislature’s bipartisan support in passing, SB 770, which creates a reinsurance program aimed at sustaining coverage expansion in Wisconsin – a key priority for WHA in Madison and in Washington, D.C.,” said Wisconsin Hospital Association President and CEO Eric Borgerding. The legislation was signed during ceremonies at Tomah (WI) Memorial Hospital and HSHS St. Mary’s Hospital Medical Center in Green Bay. The state will apply to the Department of Health and Human Services for a Section 1332 waiver to create the program. In a letter to federal lawmakers, Walker voiced support for certain changes to make the waiver process more efficient.
 

Related News Articles

Headline
The U.S. Departments of Labor, Health and Human Services, and the Treasury announced Aug. 7 that they are reconsidering the definition of short-term, limited-…
Headline
A new analysis published Aug. 6 by the Peterson Center on Healthcare and KFF found that Health Insurance Marketplace insurers will propose a median premium…
Perspective
House members are back in their districts for the August recess and senators are likely to return to their states soon.While lawmakers are home, it’s important…
Headline
The Trump administration today announced steps drug manufacturers must take to lower prescription drug prices in the U.S. to "most favored nation" pricing, the…
Headline
The Department of Health and Human Services today issued a notice announcing a 340B Rebate Model Pilot Program as a voluntary mechanism for qualifying drug…
Headline
Centers for Medicare & Medicaid Services Administrator Mehmet Oz, M.D., July 19 visited AtlantiCare health system in New Jersey, making stops at its…