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Badger State Sees Slow Growth In Health Premiums

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Small group health insurance premiums went up only slightly faster than inflation in Wisconsin this year.

The Wisconsin Office of the Commissioner of Insurance has announced that finding in a report on average increases for new coverage for companies with 25 employees and 75 employees in Milwaukee and in a smaller community.

The Consumer Price Index inflation rate has been 2.1% for the past 12 months.

For a typical employer with 25 employees, the average increase for health coverage for a single employee was 3% in Milwaukee and 3.9% in Wisconsin Rapids, Wis., officials say.

For an employer with 75 employees, the average increase for single coverage was 5.2% in Wisconsin Rapids. In Milwaukee, the cost of coverage for a 75-employee company actually fell 0.2%, officials estimate.