Monday, July 11, 2011
Governor Scott Walker's Signing Into Law of Wisconsin Act 10 Will Increase Health Insurance Cost Even More Than the 12.6% Premium Increase
The GIB has discussed potential options for achieving the 5% benefit reduction, called for by Governor Scott Walker in his signing of Wisconsin Act 10, at its regularly scheduled meeting on June 7, in anticipation of budget action that could have folded Act 10 related benefit changes into the budget. The Supreme Court upheld the validity of Act 10 on June 14th. The GIB convened at a special meeting June 28 to discuss and vote on alternatives so there would be time for implementation and education prior to It’s Your Choice. These benefit changes will be effective January 1, 2012 and will predominately affect all active state participants and non-Medicare retirees. Read more.
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