Walker’s Health Plan Would Make Wisconsin One of the Most Expensive States, Minnesota Lowest
Walker’s tax credit plan worse for states like Wisconsin with high health insurance costs. Regional health insurance price changes provided in analysis
Statewide: An analysis of Scott Walker’s recent health repeal proposal by Citizen Action of Wisconsin reveals that his plan would expose many Wisconsin consumers who receive federal tax credits under the Affordable Care Act (ACA) to massive premium hikes.
Walker’s proposal released on Tuesday would, if it were ever enacted, repeal the Affordable Care Act (ACA), replacing the law’s current tax credits which are based on income and the actual cost of health insurance where consumers live with a new flat-rate scheme based solely on the age of the applicant. This change would be catastrophic for Wisconsin health consumers, exposing hundreds of thousands of Wisconsinites to the state’s’ higher than average health insurance rates. Wisconsin is the 4th most expensive state to purchase individual health insurance policies after Alaska, Vermont and Wyoming, based on current silver plans.
Over time this adverse impact will grow worse because Walker’s tax credits do not adjust for the rising cost of health care, unlike the ACA tax credits. It will also get worse if Wisconsin does not take steps to reduce its higher than average health insurance premiums. It is uncertain whether Walker’s tax credits would ever become law because he proposes to repeal all funding sources for health reform.
“As a high cost state, Wisconsin health consumers benefit more than other states from tax credits under the Affordable Care Act which provide more help for consumers who live in areas with more expensive health insurance,” said Robert Kraig, Executive Director of Citizen Action of Wisconsin. “By trying to turn the clock back by repealing the health care law, Walker’s scheme would dramatically increase the sticker price of health insurance for tens of thousands of Wisconsinites.”
Key findings:
Scott Walker’s tax credits that ignore economic need and geography would expose Wisconsinites, especially the low to moderate income, to higher health insurance costs.
60yr old earning 200% of poverty line in… |
Annual cost with no tax credits (underlying costs) |
Annual cost with Affordable Care Act tax credits |
Annual cost with Walker’s tax credits |
Twin Cities, MN |
$4,620 a year |
$1,440 a year |
$1,620 a year |
Eau Claire, WI |
$8,220 |
$1,308 |
$5,220 |
Madison/ Janesville, WI |
$6,048 |
$1,068 |
$3,048 |
Milwaukee/ Racine/ Kenosha, WI |
$7,680 |
$684 |
$4,680 |
Fond du Lac, WI |
$6,372 |
$960 |
$3,372 |
Sheboygan, WI |
$6,576 |
$1,140 |
$3,576 |
Green Bay/ Manitowoc, WI |
$6,768 |
$1,260 |
$3,768 |
Appleton/Oshkosh, WI |
$6,924 |
$1,440 |
$3,924 |
Wausau/Stevens Pt/ Wis Rapids, WI |
$7,704 |
$1,356 |
$4,704 |
Rhinelander, WI |
$7,728 |
$276 |
$4,728 |
Superior, WI |
$9,012 |
$1,296 |
$6,012 |
La Crosse, WI |
$9,144 |
$1,068 |
$6,144 |
Hudson, WI |
$9,552 |
$1,380 |
$6,552 |
Examining lowest cost silver plans using Healthcare.gov and MNSure comparison tools. Tax credits from Walker’s plan provided by his website
40yr old earning 133% of poverty line in… |
Annual cost with no tax credits (underlying costs) |
Annual cost with Affordable Care Act tax credits |
Annual cost with Walker’s tax credits |
Twin Cities, MN* |
$2,172 |
$180 a year |
$72 a year |
Eau Claire, WI |
$3,876 |
$408 |
$1,776 |
Madison/ Janesville, WI |
$2,856 |
$288 |
$756 |
Milwaukee, WI |
$3,612 |
$108 |
$1,512 |
Racine/ Kenosha, WI |
$3,612 |
$312 |
$1,512 |
Fond du Lac, WI |
$3,000 |
$240 |
$900 |
Sheboygan, WI |
$3,096 |
$324 |
$996 |
Green Bay/ Manitowoc, WI |
$3,192 |
$384 |
$1,092 |
Appleton/Oshkosh, WI |
$3,264 |
$324 |
$1,164 |
Stevens Pt/ Wis Rapids, WI |
$3,624 |
$336 |
$1,524 |
Wausau, WI |
$3,624 |
$420 |
$1,524 |
Rhinelander, WI |
$3,636 |
$0 |
$1,536 |
Superior, WI |
$4,248 |
$396 |
$2,148 |
La Crosse, WI |
$4,308 |
$288 |
$2,208 |
Hudson, WI |
$4,500 |
$432 |
$2,400 |
* – Note, in Minnesota tax credits for individuals under 200% of the poverty line are rolled into “MinnesotaCare” at the above listed price.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
Mentioned in This Press Release
Recent Press Releases by Citizen Action of Wisconsin
Citizen Action Stages Protest of We Energies in Frigid Conditions
Dec 23rd, 2022 by Citizen Action of WisconsinCalls out 11% price increase, discriminatory rates for low income people of color, foot-dragging on climate crisis
Wisconsin Billionaires Got $11.1 Billion Richer Over First 10 Months of Pandemic, Their Collective Wealth Jumping By 28%
Feb 9th, 2021 by Citizen Action of WisconsinGains of 8 Richest Residents Could Cover $2 Billion State Deficit Predicted by Outside Analysts 5 Times Over & Still Leave Billionaires Richer Than They Were Before COVID
Trump’s Stacked Supreme Court Could Overturn ACA Coverage and Pre-Existing Condition Protections for Millions of Wisconsinites
Nov 10th, 2020 by Citizen Action of WisconsinCitizen Action of Wisconsin Urges Justices to Put Partisan Politics Aside and Uphold the Law