Wisconsinites on Obamacare will pay an average of 36-percent more to stay on the Affordable Care Act next year. The state Insurance Commissioner’s office says the increase reflects President Donald Trump’s executive order from Thursday that cuts off federal subsidies to reduce copays and deductibles for those with low to moderate incomes. Clients will have fewer choices when they start signing up in November, as three insurers will leave the federal purchasing exchange — Molina, Anthem, and Health Tradition. That means at least 75-thousand people will have to find new carriers, more than one third of the 215-thousand people who bought coverage from the federal exchange this year. Democrats blame Trump for the premium hikes, while G-O-P Governor Scott Walker blames Obamacare itself and the failure of the Republican Congress to replace it.
Trump Subsidy Cutoff Spurs 36-Percent Obamacare Hike
Oct 13, 2017 | 6:02 AM
State News