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OCI holds public hearings on state’s reinsurance plan

Following passage of 2017 Wisconsin Act 138—part of Gov. Scott Walker’s “Wisconsin Healthcare Stability Plan”—the Office of the Commissioner of Insurance has developed a 1332 draft waiver application and has opened a 30-day comment period.

Under the Affordable Care Act, a 1332 Waiver permits states to pursue innovative strategies to ensure residents have access to affordable health insurance options. If approved, the waiver would allow Wisconsin to apply for federal funding to operate a state-based reinsurance program for health plans sold on the individual market. The program would cover between 50 percent and 80 percent of claims costing between $50,000 and $250,000.

The Wisconsin Medical Society supported Act 138 and plans to submit comments to OCI informed by members of the Society’s Innovations in Health Care Task Force. Where possible, task force members also will attend public hearings being held throughout the state in the coming weeks to provide in-person feedback on the proposal. The comment period is March 13 to April 14.

To learn more about the Wisconsin Healthcare Stability Plan, click here to access OCI’s Public Hearing Presentation. The 1332 draft waiver application is also available here. Written comments may be submitted via email to OCI1332WaiverComments@wisconsin.gov.

Contact H.J. Waukau or Lisa Davidson if you have questions.

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