Up to 60,000 Wisconsinites could lose Obamacare coverage if subsidies expire, insurance official warns

Nov 10

About 40,000 to 60,000 Wisconsinites who buy health insurance through the Affordable Care Act could lose coverage, the state's top insurance official estimated, if Congress does not extend subsidies that make the health plans cheaper.

The subsidies helped drive this year's record-high enrollment in the Affordable Care Act marketplace, with about 300,000 Wisconsin consumers signing up for coverage. That could be undone, Wisconsin Insurance Commissioner Nathan Houdek said, if the subsidies go back to previous, reduced levels at the end of the year, when increases to the financial aid expire.

Covering Wisconsin https://www.coveringwi.org

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Covering Wisconsin’s support from the Centers for Medicare and Medicaid Services (CMS) of the U.S. Department of Health and Human Services (HHS) is part of a financial assistance award totaling $1,976,369, with 16% funded by CMS/HHS and $373,805 (19%) funded by non-governmental sources. The contents presented here are those of the authors and do not necessarily represent the official views of, nor an endorsement by, CMS/HHS, or the U.S. Government.