Close Close

Life Health > Health Insurance > Life Insurance Strategies

Wisconsin Health Rates Fall

Your article was successfully shared with the contacts you provided.

Competition is helping to hold medical insurance prices down in the Badger State, officials say.

The Wisconsin insurance commissioner’s office says average health insurance rates fell 1% between July 2006 and July 2007 for individual plan members working at employers with 75 employees in Milwaukee, and rates fell 3% over that period for individuals working at Milwaukee companies with 25 employees.

Rates were up 1.7% for individuals at 75-employee companies in the Wisconsin Rapids market, but they were down 0.5% for individuals at 25-employee Wisconsin Rapids companies, regulators report.

Average rate changes for family coverage ranged from a 2.5% increase for 75-employee Wisconsin Rapids companies to a 3.1% decrease for 25-employee Milwaukee companies.