Information released Tuesday by Wisconsin Gov. Scott Walker's administration shows significant rate increases for insurance to be sold through marketplaces created under the Affordable Care Act. But some are questioning those figures.
From the Associated Press:
The insurance commissioner released an analysis showing what it said was the difference between what individual coverage will cost for a plan with a $2,000 deductible and prescription drug coverage currently and through the exchange. It did not examine costs in the group market.
The analysis looked at rates for individuals aged 21, 40 and 63 in nine Wisconsin cities. Rates would increase in all 24 of its scenarios, ranging from 9.7 percent for a 63-year-old in Kenosha to nearly 125 percent for a 21-year-old in Madison.
However, the analysis didn't take into account federal subsidies, which are expected to lower costs as much as 77 percent, or show the difference in benefits or co-pays.
Jon Peacock, research director with the Wisconsin Council on Children and Families, joins The Daily Circuit to talk about the report.