Wisconsin Public Employees’ Health Plan Second Best in the Nation
MacIver Institute – Matt Crumb – 8/15/2014
Open the link – scroll to the first gray box – Wisconsin is listed last, but pays the most.
State contributions to Wisconsin employee health plans exceeded the national average for the ratio of employer to employee payments in 2013. WISCONSIN TAXPAYERS PAY 87 PERCENT AND 13 PERCENT COMES FROM STATE EMPLOYEES. Nationally, states pay on average 84 percent towards health care coverage and workers pay 16 percent of the overall cost, which means WISCONSIN TAXPAYERS ARE STILL PICKING UP MORE OF THE TAB ON AVERAGE THAN OTHER STATES.
Wisconsin state employees also enjoy very generous health plans compared to other states, and Act 10 has done little to change that. The Pew report shows Wisconsin's "actuarial value" for state health benefits to be 97 percent, tied for second highest in the nation. The actuarial value measures a health plan's "richness" by calculating the percent of costs that are covered by the plan for an average employee, based on "the required deductibles, copayments, and coinsurance." An actuarial value of 85 would require the employee to cover 15 percent of health care costs.
ON AVERAGE, WISCONSIN GOVERNMENT PAYS A MONTHLY PREMIUM OF $1,331 FOR EACH EMPLOYEE AND THEIR DEPENDENTS. That is the third-highest average monthly premium in the nation and 32 percent higher that the national average of $963.
WISCONSIN STATE GOVERNMENT SPENDS OVER $1.1 BILLION PER YEAR ON HEALTH CARE FOR GOVERNMENT EMPLOYEES
Wisconsin taxpayers pick up more of the cost for that health care coverage than the national average.
Full Report – 52-page PDF